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2019 (3) TMI 1357 - BOMBAY HIGH COURTRectification of mistake u/s 154 - modifying the rate of FBT treating the assessee's sales promotion items as gifts - review w/s rectification - Tribunal allowed the assessee's appeal - HELD THAT:- We are in agreement with the view of the Tribunal. A.O. having examined the assessee's claim and having passed the order, accepting the FBT after scrutiny, could not have modified such an order in purported exercise of rectification powers. It is well settled that the power of rectification is not the same as review power. Under such powers, the A.O. can rectify errors apparent on record. Detailed consideration would not be permissible. - Decided against revenue
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