https://www.taxtmi.com/caselaws?id=329641 The Tribunal allowed the appeal, quashing the impugned order, emphasizing the necessity for clear and accurate assessment orders in determining taxable income. It highlighted the requirement for apparent errors to be discernible from the record for rectification under section 154 of the Income Tax Act. The Tribunal found the AO's belief in an apparent error leading to the revised income determination lacking clarity, emphasizing the importance of proper assessment orders for accurate income determination. en-us Tue, 05 Apr 2016 00:00:00 +0530 Thu, 07 Jul 2016 12:13:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=329641 The Tribunal allowed the appeal, quashing the impugned order, emphasizing the necessity for clear and accurate assessment orders in determining taxable income. It highlighted the requirement for apparent errors to be discernible from the record for rectification under section 154 of the Income Tax Act. The Tribunal found the AO's belief in an apparent error leading to the revised income determination lacking clarity, emphasizing the importance of proper assessment orders for accurate income determination. Case-Laws Income Tax Tue, 05 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=329641