https://www.taxtmi.com/caselaws?id=370528 The tribunal dismissed jurisdictional challenges raised by the appellant concerning the Assistant Commissioner of Income Tax (ACIT) and Joint Commissioner of Income Tax (JCIT), emphasizing that the assessment order rectified by the ACIT was valid. The tribunal allowed the appellant's grounds on the validity of the order under section 154 of the Income Tax Act, noting that disallowing the deduction under section 80IB was a change of opinion, not a mistake apparent from the record. The tribunal quashed the disallowance of the deduction and emphasized the importance of rectifying only apparent mistakes under section 154. en-us Fri, 16 Nov 2018 00:00:00 +0530 Mon, 19 Nov 2018 08:40:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=370528 The tribunal dismissed jurisdictional challenges raised by the appellant concerning the Assistant Commissioner of Income Tax (ACIT) and Joint Commissioner of Income Tax (JCIT), emphasizing that the assessment order rectified by the ACIT was valid. The tribunal allowed the appellant's grounds on the validity of the order under section 154 of the Income Tax Act, noting that disallowing the deduction under section 80IB was a change of opinion, not a mistake apparent from the record. The tribunal quashed the disallowance of the deduction and emphasized the importance of rectifying only apparent mistakes under section 154. Case-Laws Income Tax Fri, 16 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=370528