https://www.taxtmi.com/caselaws?id=39286 A rectification order is not invalid merely because it cites section 154 of the Income-tax Act, 1961, where the assessment arose under the Indian Income-tax Act, 1922. Sections 35(1) of the 1922 Act and 154 of the 1961 Act are in pari materia as both permit correction of mistakes apparent from the record. The mistake of not setting off business loss against capital gains was treated as rectifiable under the 1922 Act, and the order was sustained by reference to the jurisdiction that actually existed. A wrong statutory citation does not vitiate an order otherwise within power. en-us Thu, 13 Feb 1975 00:00:00 +0530 Thu, 15 Apr 2010 12:25:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=39286 A rectification order is not invalid merely because it cites section 154 of the Income-tax Act, 1961, where the assessment arose under the Indian Income-tax Act, 1922. Sections 35(1) of the 1922 Act and 154 of the 1961 Act are in pari materia as both permit correction of mistakes apparent from the record. The mistake of not setting off business loss against capital gains was treated as rectifiable under the 1922 Act, and the order was sustained by reference to the jurisdiction that actually existed. A wrong statutory citation does not vitiate an order otherwise within power. Case-Laws Income Tax Thu, 13 Feb 1975 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=39286