https://www.taxtmi.com/caselaws?id=26881 The High Court dismissed the applications under section 256(2) of the Income-tax Act, holding that the rectification by the successor-Income-tax Officer was not valid under section 154. The Court agreed with the Tribunal that the issue was debatable and not a clear mistake apparent on the face of the record. It emphasized that rectification must be based on obvious and patent errors, not on points of law subject to debate. The Court upheld the Tribunal's decision, concluding that no substantial question of law arose, and declined to refer the questions suggested by the Commissioner of Income-tax. en-us Tue, 23 Apr 1985 00:00:00 +0530 Tue, 09 Feb 2010 11:04:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=26881 The High Court dismissed the applications under section 256(2) of the Income-tax Act, holding that the rectification by the successor-Income-tax Officer was not valid under section 154. The Court agreed with the Tribunal that the issue was debatable and not a clear mistake apparent on the face of the record. It emphasized that rectification must be based on obvious and patent errors, not on points of law subject to debate. The Court upheld the Tribunal's decision, concluding that no substantial question of law arose, and declined to refer the questions suggested by the Commissioner of Income-tax. Case-Laws Income Tax Tue, 23 Apr 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=26881