Tribunal held that Assessing Officer’s rectification order disallowing sales promotion expenses fell beyond scope of section 154. Rectification order is quashed.(AY. 2011-12)
UCB India (P.) Ltd. v. ACIT (2023) 106 ITR 322 / 202 ITD 37 (Mum)(Trib.)
S. 154 : Rectification of mistake-Mistake apparent from the record-Business expenses-Sales promotion expenses-Debatable issue- Rectification is held to be not justified.[S. 37 (1)]