https://www.taxtmi.com/caselaws?id=13686 The Tribunal held that the Assessing Officer could not exercise powers under section 143(1)(a) of the Income-tax Act, 1961, as the issue of deduction was debatable. The court agreed with the Tribunal, stating that only obvious mistakes can be rectified under section 154. Since the matter was debatable, the Assessing Officer should have used other sections for assessment. The court ruled in favor of the assessee, quashing the order passed by the Assessing Officer and disposing of the reference with no costs incurred. en-us Thu, 02 Nov 2006 00:00:00 +0530 Wed, 01 Jul 2009 16:06:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=13686 The Tribunal held that the Assessing Officer could not exercise powers under section 143(1)(a) of the Income-tax Act, 1961, as the issue of deduction was debatable. The court agreed with the Tribunal, stating that only obvious mistakes can be rectified under section 154. Since the matter was debatable, the Assessing Officer should have used other sections for assessment. The court ruled in favor of the assessee, quashing the order passed by the Assessing Officer and disposing of the reference with no costs incurred. Case-Laws Income Tax Thu, 02 Nov 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=13686