Rectification of mistakes permits amendment of tax orders before appeal expiry, requiring hearing if amendment prejudicial. The competent authority may amend any order under the Chapter to rectify a mistake apparent from the record, on its own motion or when brought to notice, ... Summary
Rectification of mistakes permits amendment of tax orders before appeal expiry, requiring hearing if amendment prejudicial.
The competent authority may amend any order under the Chapter to rectify a mistake apparent from the record, on its own motion or when brought to notice, so long as the amendment is made before the time for filing an appeal has expired; if the amendment is likely to prejudice any person, a reasonable opportunity of being heard must be provided.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
Join Channel
TaxTMI 
