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2023 (6) TMI 970 - AT - Income TaxRectification u/s 154 - AO power to re-visit the order passed by the Tribunal or/Ld.CIT(A) - Once the appeal of the assessee against quantum additions have attained finality upto the level of the Tribunal then question arises as to whether the AO can rectify the order passed by him on an issue which is highly debatable and after the order got a seal of approval from the Ld.CIT(A). HELD THAT:- In our view, the answer is NO since in our considered opinion, it will amount to re-visiting the order of the assessment, which has attained finality. Recently, in the identical facts, in the case of Shri Krishna Kumar D. Shah [2023 (5) TMI 1208 - ITAT HYDERABAD] the decision relied upon by the learned DR, we had examined the law on the subject and after examining the same, we have heed that the AO has no power to re-visit the order passed by the Tribunal or/Ld.CIT(A)
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