https://www.taxtmi.com/caselaws?id=795414 Section 154(7) imposes an unambiguous four-year outer limit for amending an order through rectification. A rectification application filed after four years from the end of the financial year in which the section 143(1) intimation was issued cannot be entertained because the assessing authority lacks jurisdiction. The statute does not permit condonation of delay on reasonable cause. Accordingly, the fact that trust income was allegedly assessed in beneficiaries' hands does not displace the statutory limitation, and time-barred rectification applications remain inadmissible. en-us Tue, 16 Jun 2026 00:00:00 +0530 Wed, 22 Jul 2026 08:48:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795414 Section 154(7) imposes an unambiguous four-year outer limit for amending an order through rectification. A rectification application filed after four years from the end of the financial year in which the section 143(1) intimation was issued cannot be entertained because the assessing authority lacks jurisdiction. The statute does not permit condonation of delay on reasonable cause. Accordingly, the fact that trust income was allegedly assessed in beneficiaries' hands does not displace the statutory limitation, and time-barred rectification applications remain inadmissible. Case-Laws Income Tax Tue, 16 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795414