https://www.taxtmi.com/caselaws?id=13864 The Tribunal affirmed in favor of the assessee regarding the legality of the cancellation of the levy, finding that the retrospective amendment to section 143(1A) did not create a mistake apparent from the record. The Tribunal held that the rectification proceeding was illegal due to the absence of a valid intimation under section 143(1)(a). It concluded that the rectification order was without legal basis as there was no valid intimation. The Court's final decision favored the assessee on multiple issues, including the validity of the intimation and rectification order. en-us Thu, 19 Jul 2001 00:00:00 +0530 Sat, 04 Jul 2009 15:43:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=13864 The Tribunal affirmed in favor of the assessee regarding the legality of the cancellation of the levy, finding that the retrospective amendment to section 143(1A) did not create a mistake apparent from the record. The Tribunal held that the rectification proceeding was illegal due to the absence of a valid intimation under section 143(1)(a). It concluded that the rectification order was without legal basis as there was no valid intimation. The Court's final decision favored the assessee on multiple issues, including the validity of the intimation and rectification order. Case-Laws Income Tax Thu, 19 Jul 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=13864