https://www.taxtmi.com/caselaws?id=381153 The Tribunal allowed the appeal, setting aside the Commissioner of Income Tax [Appeals]'s decision and quashing the rectification order under section 154 of the Act. The Tribunal found the amendment to section 115BBE inapplicable for the relevant year, leading to the deletion of the addition initially made by the Assessing Officer. The Tribunal determined the prospective nature of the amendment, making it unsuitable for rectification under section 154. Consequently, the assessee's appeal was successful, and the rectification order was annulled. en-us Mon, 03 Jun 2019 00:00:00 +0530 Wed, 05 Jun 2019 09:28:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=381153 The Tribunal allowed the appeal, setting aside the Commissioner of Income Tax [Appeals]'s decision and quashing the rectification order under section 154 of the Act. The Tribunal found the amendment to section 115BBE inapplicable for the relevant year, leading to the deletion of the addition initially made by the Assessing Officer. The Tribunal determined the prospective nature of the amendment, making it unsuitable for rectification under section 154. Consequently, the assessee's appeal was successful, and the rectification order was annulled. Case-Laws Income Tax Mon, 03 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=381153