https://www.taxtmi.com/caselaws?id=412460 The Tribunal partly allowed the appeal, upholding the rectification order under section 154 of the Income Tax Act. It found that the rectification was made within the four-year limitation period from the previous rectification, not the original assessment order. The Tribunal also determined that the appellant was granted a hearing during the appellate proceedings, satisfying principles of natural justice. Additionally, the Tribunal agreed with the appellant on the incorrect computation of interest under section 234D, directing the Assessing Officer to rectify the interest calculations and grant interest under section 244A accordingly. en-us Wed, 15 Sep 2021 00:00:00 +0530 Sat, 18 Sep 2021 08:10:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=412460 The Tribunal partly allowed the appeal, upholding the rectification order under section 154 of the Income Tax Act. It found that the rectification was made within the four-year limitation period from the previous rectification, not the original assessment order. The Tribunal also determined that the appellant was granted a hearing during the appellate proceedings, satisfying principles of natural justice. Additionally, the Tribunal agreed with the appellant on the incorrect computation of interest under section 234D, directing the Assessing Officer to rectify the interest calculations and grant interest under section 244A accordingly. Case-Laws Income Tax Wed, 15 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=412460