Assessing Officer's Authority to Rectify Errors u/s 154 and Add Income u/s 69 Upheld.

Assessing Officer's Authority to Rectify Errors u/s 154 and Add Income u/s 69 Upheld. https://www.taxtmi.com/highlights?id=71587 Rectification u/s 154 - Addition u/s. 69 - Power of AO u/s 116 - Nothing is discernible therefrom, which jeopardizes the power of the A.O. in rectifying mistakes apparent from the record after seeking any instruction/guidance from a superior authority. As the contention of the Ld. AR is devoid and bereft of any force of law; therefore, the same is dismissed. - AT en-us Tue, 22 Aug 2023 18:50:40 +0530 Wed, 23 Aug 2023 14:43:26 +0530 TaxTMI RSS Generator Assessing Officer's Authority to Rectify Errors u/s 154 and Add Income u/s 69 Upheld. https://www.taxtmi.com/highlights?id=71587 Rectification u/s 154 - Addition u/s. 69 - Power of AO u/s 116 - Nothing is discernible therefrom, which jeopardizes the power of the A.O. in rectifying mistakes apparent from the record after seeking any instruction/guidance from a superior authority. As the contention of the Ld. AR is devoid and bereft of any force of law; therefore, the same is dismissed. - AT Highlights Income Tax Tue, 22 Aug 2023 18:50:40 +0530 https://www.taxtmi.com/highlights?id=71587