https://www.taxtmi.com/caselaws?id=57342 The Tribunal upheld the CIT(A)'s rectification under section 154, stating the CIT(A) lacked authority to set aside assessments post-1st June 2001. Expenses were deemed revenue but subject to AO verification. The Tribunal found the CIT(A) justified in disallowing expenses but set aside orders, deleting the disallowance for all years to avoid prolonged litigation. Assessee's appeals were partly allowed. en-us Thu, 27 Apr 2006 00:00:00 +0530 Thu, 09 Dec 2010 16:48:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=57342 The Tribunal upheld the CIT(A)'s rectification under section 154, stating the CIT(A) lacked authority to set aside assessments post-1st June 2001. Expenses were deemed revenue but subject to AO verification. The Tribunal found the CIT(A) justified in disallowing expenses but set aside orders, deleting the disallowance for all years to avoid prolonged litigation. Assessee's appeals were partly allowed. Case-Laws Income Tax Thu, 27 Apr 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=57342