![Power to Rectification can’t be invoked to Levy Interest u/s 220: Kerala HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/01/Kerala-High-Court-Taxscan.jpg "Power to Rectification can’t be invoked to Levy Interest u/s 220: Kerala HC [Read Judgment]")
Power to Rectification can’t be invoked to Levy Interest u/s 220: Kerala HC [Read Judgment]
A division bench of the Kerala High Court, in CIT v. Younus Kunju, held that the power to rectify errors under Section 154 of the Income Tax Act, 1961...
![Interest u/s 234B can be levied on failure to Pay Advance Tax in respect of AMT: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/07/Interest-Rates-on-Small-Saving-Schemes.jpg "Interest u/s 234B can be levied on failure to Pay Advance Tax in respect of AMT: ITAT [Read Order]")
![Interest u/s 234A cannot be levied in the absence of any direction in Original Assessment Order: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/05/Interest-Taxscan.jpg "Interest u/s 234A cannot be levied in the absence of any direction in Original Assessment Order: ITAT [Read Order]")
![Notice is a Mandatory Requirement for Passing a Rectification Order: ITAT Delhi [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/ITAT-Ahmedabad.jpg "Notice is a Mandatory Requirement for Passing a Rectification Order: ITAT Delhi [Read Order]")
![ITAT Mumbai allows Claim of TDS Credited on Unrealized Income [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/Tax-dedution-at-source-TDS-Tax-Scan.jpg "ITAT Mumbai allows Claim of TDS Credited on Unrealized Income [Read Order]")
Assessing Officer cannot dispute Computation u/s 115JB through Rectification: ITAT Chandigarh [Read Order]
The ITAT, Chandigarh, in the case of City Clinic Pvt Ltd v. ACIT, held that the Assessing Officer (AO) cannot dispute computation u/s 115JB through rectification under Section 154 of the Income Tax...
![Assessing Officer cannot dispute Computation u/s 115JB through Rectification: ITAT Chandigarh [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/Assessing-officer-Tax-Scan.jpg "Assessing Officer cannot dispute Computation u/s 115JB through Rectification: ITAT Chandigarh [Read Order]")
Non-Consideration of Binding Precedent is a Valid Ground for Rectification Application: ITAT Mumbai [Read Order]
The Income Tax Appellate Tribunal, Mumbai in a recent decision, held that ‘non-consideration of a binding precedent’ can be a valid ground for filing a rectification application under the provisions...
![Non-Consideration of Binding Precedent is a Valid Ground for Rectification Application: ITAT Mumbai [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/08/Rectification-Application.jpg "Non-Consideration of Binding Precedent is a Valid Ground for Rectification Application: ITAT Mumbai [Read Order]")
Set-off in case of surrendered Income cannot be a Subject-Matter of rectification proceedings; ITAT Chandigarh [Read Order]
The SMC Bench of Income Tax Appellate Tribunal, Chandigarh in a recent ruling held that an issue regarding the set-off in case of surrendered income cannot be a subject-matter of rectification...
