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2021 (9) TMI 448 - AT - Income TaxRectification of mistake u/s 154 - seeking rectification of the order [2019 (11) TMI 1674 - ITAT PUNE] of this Tribunal on the ground that the finding of the Tribunal that initiation of proceedings u/s 154 by the AO is valid and the finding of the Tribunal in upholding the power of Assessing Officer to levy of interest u/s 234A of the Act in the proceedings u/s 154 of the Act cannot co-exist - HELD THAT:- We find that the averment of the Revenue before us is correct. On mere reading of para 4 of the impugned order (supra), it would suggest that the tenor of order of Tribunal is not to uphold the validity of initiation of proceedings u/s 154 of the Act, the light of discoveries made by the Tribunal in the preceding para. Therefore, the word “valid” appearing in para 5 of the impugned order (supra) is substituted by word “invalid”. Present Miscellaneous Petition filed by the Revenue is allowed.
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