https://www.taxtmi.com/caselaws?id=60757 The Tribunal dismissed the departmental appeals challenging the Consolidated Order by CIT(A) for the assessment years 1978-79, 1979-80, and 1980-81. The CIT(A)'s decision to cancel the rectification orders by the ITO, withdrawing investment allowance under s. 32A and relief under s. 80HH for a cold storage company, was upheld. The Tribunal held that the issue of the company's eligibility for reliefs was debatable and not a clear mistake under s. 154 of the IT Act, 1961, emphasizing that rectification is limited to correcting obvious errors of law. en-us Fri, 05 Jun 1987 00:00:00 +0530 Fri, 07 Jan 2011 18:47:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=60757 The Tribunal dismissed the departmental appeals challenging the Consolidated Order by CIT(A) for the assessment years 1978-79, 1979-80, and 1980-81. The CIT(A)'s decision to cancel the rectification orders by the ITO, withdrawing investment allowance under s. 32A and relief under s. 80HH for a cold storage company, was upheld. The Tribunal held that the issue of the company's eligibility for reliefs was debatable and not a clear mistake under s. 154 of the IT Act, 1961, emphasizing that rectification is limited to correcting obvious errors of law. Case-Laws Income Tax Fri, 05 Jun 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=60757