https://www.taxtmi.com/caselaws?id=55482 The Tribunal held that the Assessing Officer exceeded jurisdiction under s. 154 by making adjustments that were debatable and required interpretation of tax provisions. The Tribunal found that the CIT(A) arrived at a different conclusion after a detailed investigation, indicating that rectification proceedings were not suitable for disputed matters. As a result, the Tribunal set aside the s. 154 order, restoring the original assessment order. The Revenue's appeal was dismissed, and the assessee's appeal was allowed. en-us Wed, 06 Nov 1991 00:00:00 +0530 Sat, 27 Nov 2010 12:42:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=55482 The Tribunal held that the Assessing Officer exceeded jurisdiction under s. 154 by making adjustments that were debatable and required interpretation of tax provisions. The Tribunal found that the CIT(A) arrived at a different conclusion after a detailed investigation, indicating that rectification proceedings were not suitable for disputed matters. As a result, the Tribunal set aside the s. 154 order, restoring the original assessment order. The Revenue's appeal was dismissed, and the assessee's appeal was allowed. Case-Laws Income Tax Wed, 06 Nov 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=55482