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2014 (10) TMI 831 - AT - Income TaxRectification of mistake - Taxability of dividend income @ 20% - Held that:- Assessee himself has offered the dividend income and paid the tax @ 15%. Assessing Officer has not considered this income while making the order u/s 143(3) on 28.03.2006. Thus, there was an apparent and patent mistake in the order passed u/s 143(3) of the Act. This mistake was apparent from the records available with Assessing Officer. Therefore, we sustain order passed u/s 154 of the Act to the extent the dividend income is taxable @ 15% - Decided partly in favour of Revenue.
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