2019 (3) TMI 1357

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....Respondent : Mr Ajay Kumar Rastogi a/w Ms Smriti Singh I/b Atul Jasani ORDER P.C. : Both these appeals filed by the appellant - Revenue arising out of similar background. We may dispose of the appeals by common order. 2 The facts can be taken from Income Tax Appeal No. 1759 of 2016 which concerns the Assessment Year ("A.Y." for short) 2008 09. The following question is raised for our c....

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....und that the A.O. could not have made such modifications. The CIT(A) dismissed the appeal, upon which the assessee carried the appeal to the Tribunal. The Tribunal by the impugned Judgment allowed the assessee's appeal, making the following observations "We have considered the rival contentions. Admittedly, the issue as to at what value the fringe benefits have to be assessed in this ....

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....essable fringe benefits. It has been time and again held by the higher courts that the power under section 154 of the Act is a limited power to correct only those mistakes which are apparent on record. It is not a power of revision or review. A mistake is apparent on the face of record when it is patent, glaring, obvious or self evident. A mistake is apparent on the record if no external help eith....