https://www.taxtmi.com/caselaws?id=60453 Section 154 rectification is confined to mistakes apparent from the existing assessment record and cannot be based on fresh inquiry, later-discovered facts, or a debatable issue. Where the rectification order does not show that the alleged error was self-evident from the original record, the power cannot be sustained. The Revenue also failed to establish from the assessment record that the liability for arrear rent had clearly not accrued in the relevant previous year. The rectification was held invalid, the orders below were quashed, and the original allowance of arrear rent was restored. en-us Fri, 25 May 1984 00:00:00 +0530 Wed, 05 Jan 2011 13:32:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=60453 Section 154 rectification is confined to mistakes apparent from the existing assessment record and cannot be based on fresh inquiry, later-discovered facts, or a debatable issue. Where the rectification order does not show that the alleged error was self-evident from the original record, the power cannot be sustained. The Revenue also failed to establish from the assessment record that the liability for arrear rent had clearly not accrued in the relevant previous year. The rectification was held invalid, the orders below were quashed, and the original allowance of arrear rent was restored. Case-Laws Income Tax Fri, 25 May 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=60453