https://www.taxtmi.com/caselaws?id=26046 The court upheld the rectification under section 154, enhancing the penalty based on the correct application of section 271(2) for penalty calculations. The Tribunal ruled that the validity of the original penalty order, which had become final due to no appeal, could not be challenged in an appeal against the rectification order. The High Court concurred, emphasizing that the rectification addressed a calculation error, not the original penalty's legality. The Court affirmed the Tribunal's decision, ruling in favor of the Revenue and against the assessee, with no order as to costs. en-us Tue, 21 May 1985 00:00:00 +0530 Tue, 02 Feb 2010 14:04:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=26046 The court upheld the rectification under section 154, enhancing the penalty based on the correct application of section 271(2) for penalty calculations. The Tribunal ruled that the validity of the original penalty order, which had become final due to no appeal, could not be challenged in an appeal against the rectification order. The High Court concurred, emphasizing that the rectification addressed a calculation error, not the original penalty's legality. The Court affirmed the Tribunal's decision, ruling in favor of the Revenue and against the assessee, with no order as to costs. Case-Laws Income Tax Tue, 21 May 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=26046