TaxTMI 
TaxTMI 
2018 (10) TMI 2035
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....id appeal has been filed by the assessee against the impugned order dated 03.11.2017, passed by the Commissioner of Income Tax (Appeals), Faridabad for the Assessment Year 2013-14 in relation to the order passed u/s.154. In the grounds of appeal, the assessee has raised the following grounds: "A sum of Rs. 30 lacs received by the assessee as an award from BCCI (Board of Cricket Control of India)....
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....afide mistake sum of Rs.30 lacs received as award from BCCI (Board of Cricket Control of India), which otherwise was exempt u/s.10(17A) of the Act and also clarified by the CBDT vide Circular no.2/2014, was by mistake shown as taxable income. The Assessing Officer rejected the claim of the assessee vide order dated 31.01.2017, on the ground that it is not a mistake apparent from record within the ....
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.... also such a claim cannot be maintained. 5. After hearing the learned Department Representative and on perusal of the impugned order, we find that the assessee's application u/s.154 has been rejected on the ground that amount of Rs.30 lac received from BCCI has been shown as a taxable income. Once, it is brought to the notice of the Assessing Officer that income shown in the return of income ....