https://www.taxtmi.com/caselaws?id=21348 The High Court of Calcutta addressed the interpretation of the limitation period for rectification of a tax assessment order under section 154 of the Income-tax Act, 1961. The court ruled in favor of the assessee, holding that the rectification order issued on April 5, 1979, was barred by limitation as the mistake was in the original order dated May 30, 1973, not in the subsequent order of July 18, 1975. The judgment underscored the importance of distinguishing between errors in the original order and those in subsequent orders giving effect to appellate decisions, following the principles outlined in Bengal Assam Steamship Co. Ltd. v. CIT. en-us Mon, 24 Jul 1989 00:00:00 +0530 Sat, 21 Nov 2009 17:08:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=21348 The High Court of Calcutta addressed the interpretation of the limitation period for rectification of a tax assessment order under section 154 of the Income-tax Act, 1961. The court ruled in favor of the assessee, holding that the rectification order issued on April 5, 1979, was barred by limitation as the mistake was in the original order dated May 30, 1973, not in the subsequent order of July 18, 1975. The judgment underscored the importance of distinguishing between errors in the original order and those in subsequent orders giving effect to appellate decisions, following the principles outlined in Bengal Assam Steamship Co. Ltd. v. CIT. Case-Laws Income Tax Mon, 24 Jul 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=21348