Law: Income Tax Act, 1961

Section: 154

(a ) Income-tax--Rectification of mistake-Mistake apparent from record--Firm-­Assessee partner of firm -- Mistake discovered from assessment of firm in respect of partner-Individual assessment of partner cannot be rectified on that basis. (b) Income-tax- Appeal -- Jurisdiction - Order passed without jurisdiction - No, objection raised before Assessing Officer - Objection can be raised in appeal. I. T. O. v. S. K. Habibullah (1962) 44 I T R 809 (S C) ; Second Addl. I. T. O. v. Atmala Nagaraj (1962) 46 I T R 609 (S C) ; Hanaraj Dhingra v. Union of India (1975) 98 I T R 397 (Cal.) and Continental Commercial Carpn. v. I. T. O. (19 7 a) 100I T R 170 (Mad.), fol. C. L T. v. Ohkarmal Meghraj (HUF) (1974) 93 I T R 233 (S C); C. I. T v Rashid (K. S.) (1972) 85 I T R 118 (S C); C. I. T. (Addl.) v. Shree Shankar ds­Co. (1979) 118I T R 636 (Mad.); Devendra Prakash v. I. T. O. (1969) 72 I T R 151 (Ail.) affirming (1963) 47 I T R 5()1; Basari Mal Kuthiala (L.) v. I. T. O. (1961) 41 I T R 12 (S C); L T. O. v. Devinatha Nadar (T. S.) (1968) 68 I T R 252 (S C); Lak'hminarayana Chetty (Kamenarlapudl) v. I. T. O. (First Addl.) (1959) 29 I T R 419 (A P) and Rain Bhagat v. C. I. T. (1.966) 61 w T R 146 (Punj.) ref. JUDGMENT RANGANATHAN, J.-These are two income-tax references at the instance of the same assessee. They relate to the assessment years 1963-64 and 1964-65. The relevant previous years were the financial years 1962-63 and 1963-64. The references arise under identical circumstances and the questions of law referred to us are common in respect of both the assessment years. They read as follows: "(1) Whether, on the facts and in. the circumstances of the case, the Tribunal was justified in holding that non-inclusion of the share income of the minor arising from the firm in which the assessee is a partner in the bands of the assessee, is a mistake capable of being rectified under section 154 of the Income-tax Act, 1961 ? (2) Whether, on the facts and in the circumstances of the case, the Tribunal was justified in holding that the orders passed by the Income-tax Officer under section 155 of the Act can be treated as orders passed under section 154 of the Act?" The assessee,…

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