https://www.taxtmi.com/caselaws?id=13121 The High Court upheld the validity of a rectification order issued by the Income-tax Officer under section 154 of the Income-tax Act, 1961 for the assessment year 1986-87. The court ruled in favor of the Revenue, affirming that the rectification order was valid as it addressed a mistake apparent on the face of the record for that year, stemming from changes made in earlier assessment years. The decision emphasized that the power of rectification under section 154 extends to the entire record of the assessee across all assessment years, supporting a broader interpretation of "mistake on record." en-us Thu, 22 Nov 2001 00:00:00 +0530 Tue, 26 May 2009 15:10:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=13121 The High Court upheld the validity of a rectification order issued by the Income-tax Officer under section 154 of the Income-tax Act, 1961 for the assessment year 1986-87. The court ruled in favor of the Revenue, affirming that the rectification order was valid as it addressed a mistake apparent on the face of the record for that year, stemming from changes made in earlier assessment years. The decision emphasized that the power of rectification under section 154 extends to the entire record of the assessee across all assessment years, supporting a broader interpretation of "mistake on record." Case-Laws Income Tax Thu, 22 Nov 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=13121