https://www.taxtmi.com/caselaws?id=10770 The Tribunal ruled in favor of the assessee, holding that rectification under section 154 should be based on clear and indisputable errors, not debatable interpretations. The Assessing Officer's rectification order lacked clarity and did not conclusively prove the items' eligibility under specific sub-clauses of section 35B(1)(b) during the original assessment. The Tribunal emphasized the need for rectification actions to be grounded in unambiguous mistakes on record, aligning with the Supreme Court's precedent. en-us Tue, 05 Jul 2005 00:00:00 +0530 Fri, 24 Jul 2009 18:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=10770 The Tribunal ruled in favor of the assessee, holding that rectification under section 154 should be based on clear and indisputable errors, not debatable interpretations. The Assessing Officer's rectification order lacked clarity and did not conclusively prove the items' eligibility under specific sub-clauses of section 35B(1)(b) during the original assessment. The Tribunal emphasized the need for rectification actions to be grounded in unambiguous mistakes on record, aligning with the Supreme Court's precedent. Case-Laws Income Tax Tue, 05 Jul 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=10770