https://www.taxtmi.com/caselaws?id=304479 The Tribunal rectified a mistake in its order regarding the deduction on account of additional contribution in the case of the assessee. The Tribunal acknowledged the error in directing the Assessing Officer to verify the amount paid as additional contribution and instead affirmed the decision in favor of the assessee based on a similar case. The Tribunal clarified that limitations under Rule 87 do not apply to additional contributions for fund deficits discovered during actuarial valuation. Consequently, the Tribunal allowed the assessee's Miscellaneous Application, rectifying the mistake in the order pronounced on June 15, 2016. en-us Wed, 15 Jun 2016 00:00:00 +0530 Wed, 28 Sep 2022 09:24:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=304479 The Tribunal rectified a mistake in its order regarding the deduction on account of additional contribution in the case of the assessee. The Tribunal acknowledged the error in directing the Assessing Officer to verify the amount paid as additional contribution and instead affirmed the decision in favor of the assessee based on a similar case. The Tribunal clarified that limitations under Rule 87 do not apply to additional contributions for fund deficits discovered during actuarial valuation. Consequently, the Tribunal allowed the assessee's Miscellaneous Application, rectifying the mistake in the order pronounced on June 15, 2016. Case-Laws Income Tax Wed, 15 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=304479