https://www.taxtmi.com/caselaws?id=35015 SC held that the rectification under s.154 of an order passed under s.264 was impermissible as it amounted to a change of opinion. The Commissioner sought to alter treatment of a power tariff subsidy, contending it was admissible only after commencement of production, relying on earlier SC decisions which were fact-specific. The Court found those precedents distinguishable and concluded the Department erred in invoking s.154 for a change of view, and consequently set aside the rectification order. en-us Thu, 19 Nov 2009 00:00:00 +0530 Tue, 02 Sep 2025 15:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=35015 SC held that the rectification under s.154 of an order passed under s.264 was impermissible as it amounted to a change of opinion. The Commissioner sought to alter treatment of a power tariff subsidy, contending it was admissible only after commencement of production, relying on earlier SC decisions which were fact-specific. The Court found those precedents distinguishable and concluded the Department erred in invoking s.154 for a change of view, and consequently set aside the rectification order. Case-Laws Income Tax Thu, 19 Nov 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=35015