https://www.taxtmi.com/caselaws?id=20175 The High Court ruled in favor of the assessee, holding that the Income-tax Officer was not justified in rectifying the rectification order as the issue of deductions under sections 80L and 86(v) was debatable, not a clear mistake on the record. The Court emphasized the distinction between obvious errors and debatable legal points when considering rectification orders under the Income-tax Act, affirming the decisions of the lower authorities and rejecting the Revenue's argument. en-us Wed, 28 Jul 1993 00:00:00 +0530 Thu, 12 Nov 2009 12:34:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=20175 The High Court ruled in favor of the assessee, holding that the Income-tax Officer was not justified in rectifying the rectification order as the issue of deductions under sections 80L and 86(v) was debatable, not a clear mistake on the record. The Court emphasized the distinction between obvious errors and debatable legal points when considering rectification orders under the Income-tax Act, affirming the decisions of the lower authorities and rejecting the Revenue's argument. Case-Laws Income Tax Wed, 28 Jul 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=20175