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![Rectification proceedings cannot be invoked by AO in case of Debatable Issues: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/Rectification-proceedings-AO-Debatable-Issues-ITAT-taxscan.jpg "Rectification proceedings cannot be invoked by AO in case of Debatable Issues: ITAT [Read Order]")
Rectification proceedings cannot be invoked by AO in case of Debatable Issues: ITAT [Read Order]
Rectification proceedings cannot be invoked by Assessing Officer (AO) in case of Debatable Issue, so was held by the Income Tax Appellate Tribunal...
![Set off of Loss incurred in Share Trading by Directors with the Income of Company not valid: ITAT upholds Revisional Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/share-trading-income-ITAT-Revisional-order-taxscan.jpeg "Set off of Loss incurred in Share Trading by Directors with the Income of Company not valid: ITAT upholds Revisional Order [Read Order]")
![Revisional Jurisdiction cannot be invoked on Highly Debatable Issues: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Revisional-Jurisdiction-Debatable-Issues-ITAT-taxscan.jpeg "Revisional Jurisdiction cannot be invoked on Highly Debatable Issues: ITAT [Read Order]")
![Penalty cant be imposed where Concealment of Income has not been proven: Delhi High Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/12/Penalty-concealment-of-income-Delhi-High-Court-Taxscan.jpg "Penalty cant be imposed where Concealment of Income has not been proven: Delhi High Court [Read Order]")
![ITAT quashes ex parte order against Fox Mandal [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/11/ITAT-ex-parte-order-Fox-Mandal-Taxscan.jpg "ITAT quashes ex parte order against Fox Mandal [Read Order]")