KUMAR ARUNOSAYA,PATNA vs. A.O., CIRCLE-6, PATNA

In the result, the appeals of the assessee are allowed, the appeals of the revenue is dismissed and the Cross-objections of the assessee are also dismissed

Bench: Shri Rajesh Kumar & Shri Sonjoy Sarma]

10. The Ld. D.R on the other hand relied on the order of AO and submitted that the AO has power u/s 154 of the Act to rectify any mistake which is apparent from the records and in the present case, the mention of wrong section is apparently mistake and therefore the jurisdiction u/s 154 of the Act was rightly