AO has no power to review entire assessment order on debatable issues and to make additions in order U/s.154

Advocate Akhilesh Kumar Sah

Hon’ble Supreme Court in the leading case, ITO vs. Volkart Brothers [(1971) 82 ITR 50 (SC)] has held that a mistake apparent on the record must be an obvious and patent mistake and not something which can be established by a long drawn process of reasoning on points on which there may conceivably be two

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