2002 (7) TMI 98 - HC - Income Tax

Summary

The High Court of Calcutta ruled that rectification under section 154 cannot be done after issuing a notice under section 143(2). The court agreed with previous judgments on the matter. The question was answered in favor of the assessee. Key cases cited include CIT v. Arihant Industries Ltd., Gujarat Poly-Avx Electronics Ltd. v. Deputy CIT, and CIT v. Punjab National Bank.