https://www.taxtmi.com/caselaws?id=430116 The appeal challenged the validity of a rectification order passed without a hearing under sections 154 and 263 of the Income-tax Act, emphasizing the need for an independent appeal for rectification orders. The jurisdiction of the order under section 154 was found to be beyond the scope of the section, leading to its quashing due to lack of foundation after the revisionary order u/s. 263 was invalidated. Additionally, the order u/s. 154 was held to be time-barred, exceeding the limitation under section 263, resulting in its quashing. The appeal was granted in favor of the assessee. en-us Wed, 09 Nov 2022 00:00:00 +0530 Fri, 11 Nov 2022 21:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=430116 The appeal challenged the validity of a rectification order passed without a hearing under sections 154 and 263 of the Income-tax Act, emphasizing the need for an independent appeal for rectification orders. The jurisdiction of the order under section 154 was found to be beyond the scope of the section, leading to its quashing due to lack of foundation after the revisionary order u/s. 263 was invalidated. Additionally, the order u/s. 154 was held to be time-barred, exceeding the limitation under section 263, resulting in its quashing. The appeal was granted in favor of the assessee. Case-Laws Income Tax Wed, 09 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=430116