https://www.taxtmi.com/caselaws?id=38960 The High Court affirmed the Tribunal's decision that there was no mistake apparent from the record for the Income-tax Officer to rectify under section 154. The necessary material for relief under sections 84 and 80J was not available during the original assessments, and the conditions for relief were not met. Therefore, the ITO could not use section 154 to grant the reliefs sought by the assessee. The Court ruled in favor of the revenue, directing the assessee to pay the costs of the reference to the Commissioner. en-us Wed, 31 Mar 1976 00:00:00 +0530 Sat, 10 Apr 2010 15:52:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=38960 The High Court affirmed the Tribunal's decision that there was no mistake apparent from the record for the Income-tax Officer to rectify under section 154. The necessary material for relief under sections 84 and 80J was not available during the original assessments, and the conditions for relief were not met. Therefore, the ITO could not use section 154 to grant the reliefs sought by the assessee. The Court ruled in favor of the revenue, directing the assessee to pay the costs of the reference to the Commissioner. Case-Laws Income Tax Wed, 31 Mar 1976 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=38960