Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2017 (1) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2017 (1) TMI 665 - AT - Income TaxRectification of mistake - Validity of proceedings/order under section 154 r.w.s. 143(3) - working of the rebate under section 88E - Held that:- The issue of working of the rebate under section 88E of the Act is highly debatable one and are beyond the purview of the rectificatory provisions under section 154 of the Act invoked by the AO. In this view of the matter, we quash the rectification orders of the authorities below as invalid and bad in law, and consequently allow the assessee’s appeal on the ground. See Banwari Lal Tulsyan [2011 (8) TMI 1249 - ITAT KOLKATA] and Kadar Nath Agarwal [2011 (10) TMI 686 - ITAT KOLKATA] - Decided in favour of assessee
|