Assessing Officer Lacks Authority to Rectify Superior's Tax Calculation Errors u/s 154; Assessee's Grievance Allowed.

Assessing Officer Lacks Authority to Rectify Superior's Tax Calculation Errors u/s 154; Assessee's Grievance Allowed. https://www.taxtmi.com/highlights?id=71286 Power of the AO to rectify mistake of his super senior officer u/s 154 - tax calculation mistake - hierarchy of the Departmental structure - AO is not validly entitled and empowered to rectify mistake of his super senior officer - Sole grievance of assessee is allowed. - AT en-us Thu, 03 Aug 2023 07:55:20 +0530 Sat, 19 Aug 2023 12:50:59 +0530 TaxTMI RSS Generator Assessing Officer Lacks Authority to Rectify Superior's Tax Calculation Errors u/s 154; Assessee's Grievance Allowed. https://www.taxtmi.com/highlights?id=71286 Power of the AO to rectify mistake of his super senior officer u/s 154 - tax calculation mistake - hierarchy of the Departmental structure - AO is not validly entitled and empowered to rectify mistake of his super senior officer - Sole grievance of assessee is allowed. - AT Highlights Income Tax Thu, 03 Aug 2023 07:55:20 +0530 https://www.taxtmi.com/highlights?id=71286