https://www.taxtmi.com/caselaws?id=9373 The court ruled in favor of the assessee, determining that the mistake in the depreciation rate for electric installations and a generator was not rectifiable under section 154 of the Income-tax Act. The court emphasized that the error was not apparent on the face of the record but rather a debatable issue requiring reasoning. As such, the rectification was not permissible under section 154, and the original assessment order stood. The decision on the first question rendered the second question irrelevant, and no costs were awarded in the case. en-us Wed, 22 Dec 2004 00:00:00 +0530 Mon, 22 Jun 2009 15:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=9373 The court ruled in favor of the assessee, determining that the mistake in the depreciation rate for electric installations and a generator was not rectifiable under section 154 of the Income-tax Act. The court emphasized that the error was not apparent on the face of the record but rather a debatable issue requiring reasoning. As such, the rectification was not permissible under section 154, and the original assessment order stood. The decision on the first question rendered the second question irrelevant, and no costs were awarded in the case. Case-Laws Income Tax Wed, 22 Dec 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=9373