"July, 1970" Archive

AO mandatorily bound to exercise power U/s. 154

Hirday Narain Vs Income-Tax Officer (Supreme Court of India) - 

Hirday Narain Vs. ITO (Supreme Court) Exercise of power to rectify an error apparent from the record is conferred upon the Income-tax Officer in aid of enforcement of a right. The Income-tax Officer is an officer concerned with assessment and collection of revenue, and the power to rectify the order of assessment conferred upon him to en...

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