https://www.taxtmi.com/caselaws?id=59640 The Tribunal held that the Assessing Officer lacked the authority to withdraw the rebate claimed under section 88 by invoking section 154 of the Income-tax Act. The impugned order under section 154 was canceled, and the appeal was allowed in favor of the assessee. The Tribunal emphasized that the Assessing Officer's powers under section 154 were limited to rectifying tax or interest calculations, and he could not assume powers that were not available to him while issuing an intimation under section 143(1). en-us Tue, 18 Jun 2002 00:00:00 +0530 Fri, 31 Dec 2010 12:43:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=59640 The Tribunal held that the Assessing Officer lacked the authority to withdraw the rebate claimed under section 88 by invoking section 154 of the Income-tax Act. The impugned order under section 154 was canceled, and the appeal was allowed in favor of the assessee. The Tribunal emphasized that the Assessing Officer's powers under section 154 were limited to rectifying tax or interest calculations, and he could not assume powers that were not available to him while issuing an intimation under section 143(1). Case-Laws Income Tax Tue, 18 Jun 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=59640