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Sec 201 IT Act - vis-a-vis Sec 154

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(Querist)
13 December 2010 Can an oder u/s. 201 be rectified u/s.154?
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CA Shailesh Kumar Bhagat

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CA Shailesh Kumar Bhagat (Expert)
14 December 2010 As per sec 154, Income tax authority may amend any order passed it under the provisions of the act with a view to rectifying any mistake apparent from the record.

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