Rectification of mistake u/s 154 of the Income-tax Act - A ...

Section 154 Rectification Not Applicable to Debatable Issues; No Interest Entitlement u/s 214 for Assessee.

February 19, 2015

Case Laws Income Tax HC

Rectification of mistake u/s 154 of the Income-tax Act - A debatable issue cannot be said to be rectifiable. Thus the assessee was not entitled to interest under section 214 as the issue was debatable. - HC

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Rectification of mistake u/s 154 of the Income-tax Act - A ...

Section 154 Rectification Not Applicable to Debatable Issues; No Interest Entitlement u/s 214 for Assessee.

February 19, 2015

Case Laws Income Tax HC

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