https://www.taxtmi.com/caselaws?id=435535 The appeal was successful as the Tribunal found that the rectification under Section 154 to assess the taxpayer's receipts at 9% was beyond the scope of jurisdiction. The addition made under Section 154 for gross profit on mismatched contract receipts was deemed incorrect, leading to the reversal of the rectification and allowing the appeal. en-us Mon, 20 Mar 2023 00:00:00 +0530 Tue, 21 Mar 2023 16:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=435535 The appeal was successful as the Tribunal found that the rectification under Section 154 to assess the taxpayer's receipts at 9% was beyond the scope of jurisdiction. The addition made under Section 154 for gross profit on mismatched contract receipts was deemed incorrect, leading to the reversal of the rectification and allowing the appeal. Case-Laws Income Tax Mon, 20 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=435535