https://www.taxtmi.com/caselaws?id=269196 The court canceled the rectification order under section 154 of the Income Tax Act as it was deemed invalid due to the withdrawal of the appeal by the assessee before the Commissioner of Income Tax (Appeals). The court emphasized that the rectification order was not valid since the appeal had not been disposed of on merits, rendering the provisions of section 264(4)(c) inapplicable. Consequently, the rectification order was canceled, and the assessee's appeal was allowed for statistical purposes. The judgment clarified the significance of appeals being resolved on merits before considering an order as the subject of an appeal. en-us Wed, 07 Oct 2015 00:00:00 +0530 Thu, 10 Dec 2015 08:25:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=269196 The court canceled the rectification order under section 154 of the Income Tax Act as it was deemed invalid due to the withdrawal of the appeal by the assessee before the Commissioner of Income Tax (Appeals). The court emphasized that the rectification order was not valid since the appeal had not been disposed of on merits, rendering the provisions of section 264(4)(c) inapplicable. Consequently, the rectification order was canceled, and the assessee's appeal was allowed for statistical purposes. The judgment clarified the significance of appeals being resolved on merits before considering an order as the subject of an appeal. Case-Laws Income Tax Wed, 07 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=269196