https://www.taxtmi.com/caselaws?id=797778 Rectification under Section 154 is limited to mistakes apparent from the record and cannot determine disputed questions requiring factual investigation or legal interpretation. A claim that part of purchased land was compulsorily retained by a development authority on conversion to non-agricultural use required examination of the conversion order, the legal effect of statutory surrender, and attribution of acquisition cost. Reduction of indexed acquisition cost on that basis therefore lay outside rectification jurisdiction. The rectification order was quashed, and the addition for alleged excess indexed cost was deleted. en-us Thu, 20 Aug 2026 00:00:00 +0530 Thu, 27 Aug 2026 08:28:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=797778 Rectification under Section 154 is limited to mistakes apparent from the record and cannot determine disputed questions requiring factual investigation or legal interpretation. A claim that part of purchased land was compulsorily retained by a development authority on conversion to non-agricultural use required examination of the conversion order, the legal effect of statutory surrender, and attribution of acquisition cost. Reduction of indexed acquisition cost on that basis therefore lay outside rectification jurisdiction. The rectification order was quashed, and the addition for alleged excess indexed cost was deleted. Case-Laws Income Tax Thu, 20 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=797778