When the issue is debatable the provisions of Section 154 cannot ...

Income Tax

July 5, 2016

When the issue is debatable the provisions of Section 154 cannot be invoked. The provisions of Section 154 can be invoked when there is apparent mistake which is glaring and patent.

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When the issue is debatable the provisions of Section 154 cannot ...

Income Tax

July 5, 2016

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Prescribed time-limit of 6 months in passing order u/s 154(8) of Income-tax Act, 1961 to rectify any mistake apparent from record must be followed strictly.

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