Section 154 Rectification Cannot Challenge Original Addition: ITAT Mumbai

Santilal Beni Gupta Vs ITO (ITAT Mumbai) Heading: Appeal Held Not Maintainable – Rectification Order U/s 154 Cannot Be Used to Challenge Original Addition – ITAT Mumbai Assessee challenged order passed u/s 154 wherein AO had only rectified tax computation as per law; however the assessee did not challenge validity of the original assessment order or the addition of ₹10 lakh made u/s 69A. Before ITAT, no one appeared on behalf of assessee despite repeated opportunities and earlier adjournments, hence the matter was decided ex-parte. Tribunal observed that rectification proceedings...