https://www.taxtmi.com/caselaws?id=328370 The Tribunal upheld the CIT(A)'s decision and affirmed the rectification made by the Assessing Officer under Section 154 of the Income Tax Act, 1961. The appeal concerning the alleged mistake in the assessment order, specifically the disallowance of labour expenses, was dismissed. The case emphasized the importance of a clear and patent error in the records for rectification under Section 154, rejecting the appellant's argument that the initial assessment was based on verified documents and not a mistake warranting rectification. en-us Fri, 06 May 2016 00:00:00 +0530 Thu, 02 Jun 2016 15:34:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=328370 The Tribunal upheld the CIT(A)'s decision and affirmed the rectification made by the Assessing Officer under Section 154 of the Income Tax Act, 1961. The appeal concerning the alleged mistake in the assessment order, specifically the disallowance of labour expenses, was dismissed. The case emphasized the importance of a clear and patent error in the records for rectification under Section 154, rejecting the appellant's argument that the initial assessment was based on verified documents and not a mistake warranting rectification. Case-Laws Income Tax Fri, 06 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=328370