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2016 (1) TMI 746 - ITAT DELHIRectification u/s 154 - depreciation @100% or 15% on interiors which are purely wooden structures - Held that:- Rectification under Section 154 can only be made when a glaring mistake of fact or law committed by the Officer passing the order as apparent from the record. Rectification is not possible when question is debatable. Moreover, a point which was not examined on the facts or in law cannot be dealt with as a mistake apparent from the record. Therefore, we hold that the issue whether the deprecation @100% or 15% on interiors which are purely wooden structures is a debatable point as it requires examination of details and cannot be rectified by exercising the power vested under Section 154 of the Act. Therefore, we quash the order of the Assessing Officer passed under section 154 of the Act and allow this ground of appeal. - Decided in favour of assessee
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