Rectification of mistake u/s 154 - deduction u/s. 10A - View ...

Attempt to Change Original Tax Assessment u/s 154 Deemed Impermissible; Can't Alter Conscious Decisions.

December 18, 2023

Case Laws Income Tax AT

Rectification of mistake u/s 154 - deduction u/s. 10A - View taken by the Ld. AO in the proceedings initiated u/s. 154 tantamount to a change in view resulting into review of his own order which is not permissible under the provisions of section 154 of the Act. When the Ld. AO has consciously taken a view to frame the original assessment by making certain additions/disallowances, he is not empowered to take contrary view by adopting a review process for the assessment already completed. - AT

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Rectification of mistake u/s 154 - deduction u/s. 10A - View ...

Attempt to Change Original Tax Assessment u/s 154 Deemed Impermissible; Can't Alter Conscious Decisions.

December 18, 2023

Case Laws Income Tax AT

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