https://www.taxtmi.com/caselaws?id=754270 ITAT Jaipur allowed the assessee's appeal regarding rectification of mistake under section 154 concerning correct income charging. The tribunal found an apparent mistake in the record regarding whether the assessee received interest from a partnership firm. The matter was remanded to the AO with directions to conduct necessary inquiry, obtain evidence, and consider the assessee's plea on merits before charging tax based on correct income. The decision was supported by a coordinate bench ruling in a similar case from ITAT Mumbai. en-us Thu, 30 May 2024 00:00:00 +0530 Wed, 19 Jun 2024 09:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=754270 ITAT Jaipur allowed the assessee's appeal regarding rectification of mistake under section 154 concerning correct income charging. The tribunal found an apparent mistake in the record regarding whether the assessee received interest from a partnership firm. The matter was remanded to the AO with directions to conduct necessary inquiry, obtain evidence, and consider the assessee's plea on merits before charging tax based on correct income. The decision was supported by a coordinate bench ruling in a similar case from ITAT Mumbai. Case-Laws Income Tax Thu, 30 May 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=754270