https://www.taxtmi.com/caselaws?id=285616 The High Court of Calcutta upheld the decisions of the appellate authorities, emphasizing that rectification under Section 154 of the Income Tax Act, 1961, requires a clear and indisputable error that is obvious and patent from the record. The court dismissed the appeals, affirming that the Assessing Officer's attempt to rectify the assessment order based on undisclosed capital gains did not meet the criteria for rectification under Section 154. en-us Mon, 11 Jun 2018 00:00:00 +0530 Mon, 20 Jan 2020 07:40:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=285616 The High Court of Calcutta upheld the decisions of the appellate authorities, emphasizing that rectification under Section 154 of the Income Tax Act, 1961, requires a clear and indisputable error that is obvious and patent from the record. The court dismissed the appeals, affirming that the Assessing Officer's attempt to rectify the assessment order based on undisclosed capital gains did not meet the criteria for rectification under Section 154. Case-Laws Income Tax Mon, 11 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=285616