2011 (10) TMI 686

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..... This appeal by the Department is directed against order of Ld. CIT(A)-XX, Kolkata dated 20.12.2010 for assessment year 2007-08. 2. Initially, the assessment was completed under section 143(3) on 07.11.2008. To work out a calculation again and the issue of rebate under section 88E, Assessing Officer attempted to rectify the same under section 154 of the Act. 3. On Appeal to Ld. CIT(A), it was co .....

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..... -121-IT-LB dated 19.11.2009. 5. Before us, the Ld. Departmental Representative relied on the rectification order and prayed for cancellation of Ld. CIT(A)'s order. 6, On the other hand, Ld. Counsel appearing on behalf of the assessee relied on the decision of Hon'ble Supreme Court (supra), and the decision of ITAT, "B" Bench, Kolkata in the case of DCIT vs. Ashika Stock Broking Ltd. vide ITA No. .....

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