https://www.taxtmi.com/highlights?id=91925 ITAT allowed the appeal and set aside the suo motu rectification order passed under s.154 by CPC/AO, holding it void for want of a reasonable opportunity of hearing to the assessee as mandated by s.154(3) and the principles of natural justice. The Tribunal noted the return had not been processed under s.143(1), and the revenue produced no record of any opportunity afforded. Consequently the rectification, which had the effect of enhancing assessment, was quashed for non-compliance with statutory procedure and audi alteram partem requirements, and remitted for fresh action conforming to s.154(3) and fair hearing standards. en-us Tue, 26 Aug 2025 08:41:04 +0530 Tue, 26 Aug 2025 08:41:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=91925 ITAT allowed the appeal and set aside the suo motu rectification order passed under s.154 by CPC/AO, holding it void for want of a reasonable opportunity of hearing to the assessee as mandated by s.154(3) and the principles of natural justice. The Tribunal noted the return had not been processed under s.143(1), and the revenue produced no record of any opportunity afforded. Consequently the rectification, which had the effect of enhancing assessment, was quashed for non-compliance with statutory procedure and audi alteram partem requirements, and remitted for fresh action conforming to s.154(3) and fair hearing standards. Highlights Income Tax Tue, 26 Aug 2025 08:41:04 +0530 https://www.taxtmi.com/highlights?id=91925