Income Tax – Reasseement can not be done under section 147 for rectification of mistake U/s. 154 – Mumbai HC

Decided by:- HIGH COURT OF BOMBAY, WRIT PETITION NO. 85 OF 2009, Appeal Parties:- Hindustan Unilever Limited, Petitioner Versus Deputy Commissioner of Income Tax 1(1), Union of India, Respondents. Mr.Percy J. Pardiwala, senior Advocate with mr.Nishant Thakkar and Mr.Rajesh Poojari i/by M/s.Mulla & Mulla & C.B. C. for the petitioner. Ms.Suchitra Kamble i/by Mr.Suresh Kumar for the respondents. CORAM : Dr.D.Y. Chandrachud & J.P. Devadhar, JJ. DATE : 1st April 2010. ORAL JUDGEMENT (Per : Dr.D.Y. Chandrachud, J.) 1. Rule, with the consent of Counsel returnable forth...