https://www.taxtmi.com/caselaws?id=427087 The Tribunal allowed the appeal, quashing the rectification order under Section 154 of the Income Tax Act. It found the Rs. 30,00,000 addition was already included in the original assessment order's Rs. 3.88 crore addition, with no apparent mistake justifying rectification. The Tribunal concluded the double addition claim was valid, as the amount was already considered in the initial assessment. The interest calculation issue was not extensively addressed, with the focus on the rectification order and the Rs. 30,00,000 addition. en-us Tue, 30 Aug 2022 00:00:00 +0530 Thu, 01 Sep 2022 08:30:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=427087 The Tribunal allowed the appeal, quashing the rectification order under Section 154 of the Income Tax Act. It found the Rs. 30,00,000 addition was already included in the original assessment order's Rs. 3.88 crore addition, with no apparent mistake justifying rectification. The Tribunal concluded the double addition claim was valid, as the amount was already considered in the initial assessment. The interest calculation issue was not extensively addressed, with the focus on the rectification order and the Rs. 30,00,000 addition. Case-Laws Income Tax Tue, 30 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=427087