AO can invoke Section 154 for Glaring Mistakes in Assessment Orders

Sabari Alloys & Metals India Private Limited Vs DCIT (Madras High Court) AO can invoke section 154 if glaring mistake of Fact/Law is committed while passing assessment order Conclusion: Where an AO had also failed to do what was required under the law at the time of passing Assessment Order and had passed an Assessment Order with such defects, such assessment orders could be rectified by the officer by exercising power under section 154. Held: In the instant case, by the Impugned Notice issued under Section 154, the respondent had sought to alter the Assessment Order dated 23.01.2021 for t...