https://www.taxtmi.com/caselaws?id=10352 The Court held that the Assessing Officer exceeded jurisdiction under section 143(1)(b)(i) of the Income-tax Act by making adjustments beyond rectification of arithmetical errors. It emphasized that rectification pertains to errors in returns, accounts, or documents filed with the return. The Court rejected the use of material from previous assessment years for adjustments, stating that rectification does not involve substituting information. Consequently, the appeal was dismissed as no substantial question of law was raised, clarifying the limits of the Assessing Officer's authority in rectifying arithmetical errors under section 143 of the Act. en-us Tue, 07 Sep 2004 00:00:00 +0530 Tue, 14 Jul 2009 10:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=10352 The Court held that the Assessing Officer exceeded jurisdiction under section 143(1)(b)(i) of the Income-tax Act by making adjustments beyond rectification of arithmetical errors. It emphasized that rectification pertains to errors in returns, accounts, or documents filed with the return. The Court rejected the use of material from previous assessment years for adjustments, stating that rectification does not involve substituting information. Consequently, the appeal was dismissed as no substantial question of law was raised, clarifying the limits of the Assessing Officer's authority in rectifying arithmetical errors under section 143 of the Act. Case-Laws Income Tax Tue, 07 Sep 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=10352