https://www.taxtmi.com/caselaws?id=26515 The High Court declined to answer the first question regarding the interpretation of sections 244(1A) and 244(2) of the Income-tax Act, 1961. However, the Court ruled in favor of the assessee on the second question concerning the applicability of section 154 in debatable matters. The Court held that section 154 should not be invoked when there are two possible interpretations, emphasizing that a mistake apparent on the record must be obvious and patent. The Court's decision favored the assessee, stating that in cases of debatable interpretations, section 154 should not be applied. en-us Thu, 10 Apr 1986 00:00:00 +0530 Fri, 05 Feb 2010 15:31:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=26515 The High Court declined to answer the first question regarding the interpretation of sections 244(1A) and 244(2) of the Income-tax Act, 1961. However, the Court ruled in favor of the assessee on the second question concerning the applicability of section 154 in debatable matters. The Court held that section 154 should not be invoked when there are two possible interpretations, emphasizing that a mistake apparent on the record must be obvious and patent. The Court's decision favored the assessee, stating that in cases of debatable interpretations, section 154 should not be applied. Case-Laws Income Tax Thu, 10 Apr 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=26515