https://www.taxtmi.com/caselaws?id=23029 The High Court held that rectification under section 154 of the Income-tax Act is limited to correcting apparent mistakes and not for changing opinions. As the Income-tax Officer's modification was not based on an apparent mistake but on a change in opinion, the Tribunal rightly dismissed the Department's appeals. The Court ruled in favor of the assessee, affirming their legality under the Companies Act and entitlement to registration under the Income-tax Act. en-us Mon, 30 Jul 1990 00:00:00 +0530 Wed, 16 Dec 2009 11:43:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=23029 The High Court held that rectification under section 154 of the Income-tax Act is limited to correcting apparent mistakes and not for changing opinions. As the Income-tax Officer's modification was not based on an apparent mistake but on a change in opinion, the Tribunal rightly dismissed the Department's appeals. The Court ruled in favor of the assessee, affirming their legality under the Companies Act and entitlement to registration under the Income-tax Act. Case-Laws Income Tax Mon, 30 Jul 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=23029