https://www.taxtmi.com/caselaws?id=23573 The Tribunal upheld the decision of the Appellate Assistant Commissioner and ruled in favor of the assessee, stating that the matter regarding the withdrawal of development rebate on electrical installations was debatable and not suitable for rectification under section 154 of the Income-tax Act. The conflicting interpretations of "wholly used for the purposes of the business" and the existence of differing judicial opinions led to the conclusion that the issue was not straightforward. Consequently, the appeal was dismissed in favor of the assessee. en-us Mon, 15 May 1989 00:00:00 +0530 Tue, 22 Dec 2009 11:02:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=23573 The Tribunal upheld the decision of the Appellate Assistant Commissioner and ruled in favor of the assessee, stating that the matter regarding the withdrawal of development rebate on electrical installations was debatable and not suitable for rectification under section 154 of the Income-tax Act. The conflicting interpretations of "wholly used for the purposes of the business" and the existence of differing judicial opinions led to the conclusion that the issue was not straightforward. Consequently, the appeal was dismissed in favor of the assessee. Case-Laws Income Tax Mon, 15 May 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=23573