AO cannot rectify order passed by appellate authorities

HIGH COURT OF BOMBAY Commissioner of Income-tax versus V.S. Dempo & Co. Ltd. TAX APPEAL NO. 50 OF 2012 OCTOBER 19, 2012 ORDER 1. This is an appeal under Section 260A of the Income Tax Act 1961, against an order of the Income Tax Appellate Tribunal (ITAT) dated 23rd March, 2011 in ITA No. 110/PNJ/2000 pertaining to the Assessment Year 1983-84, allowing the respondent’s appeal against the order of the Commissioner of Income Tax (Appeals). 2. (A) The question that falls for consideration is whether an Assessing Officer is entitled to invoke Section 154 to correct an ass...