https://www.taxtmi.com/caselaws?id=430043 The tribunal upheld the CIT(A)'s decision, invalidating the rectification order under Section 154 of the Income Tax Act. It was found that the Assessing Officer did not demonstrate any apparent mistake on record, failed to provide the assessee with a reasonable opportunity to be heard, and attempted to review the original assessment, which is beyond the scope of Section 154. Additionally, the tribunal admitted and accepted the additional ground raised by the assessee, leading to the dismissal of the revenue's appeal. en-us Tue, 18 Oct 2022 00:00:00 +0530 Thu, 10 Nov 2022 12:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=430043 The tribunal upheld the CIT(A)'s decision, invalidating the rectification order under Section 154 of the Income Tax Act. It was found that the Assessing Officer did not demonstrate any apparent mistake on record, failed to provide the assessee with a reasonable opportunity to be heard, and attempted to review the original assessment, which is beyond the scope of Section 154. Additionally, the tribunal admitted and accepted the additional ground raised by the assessee, leading to the dismissal of the revenue's appeal. Case-Laws Income Tax Tue, 18 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=430043