Tribunal held that the all the additions made by the AO are in consonance with the Income -tax statute . The calculation of tax as per Section 115BBE of the Act is a mistake which can be rectified under section 154 of the Act and therefore , the provisions of section 263 of the Act cannot be invoked as it is not derived from section 263 of the Act , where the mistake in the assessment order carried out by the AO can be rectified . Revision order is quashed . ( AY. 2015 -16)( ITA No. 223/ Ahd/ 2021 dt. 8 -8 -2024 )
Dhashrathsinh Ghanshyamisnh v .PCIT (2024) BCAJ – September – P. 59 ( Ahd)( Trib)
S. 263 : Commissioner – Revision of orders prejudicial to revenue – Mistake in calculation of tax at slab rate instead mentioned in section 115BBE – Mistake can be rectified under section 154 -Revision proceedings cannot be invoked . [ S.115BBE , 143(3), 154 ]
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