TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Income-tax authority can rectify mistakes in orders within four years; increased liability requires a hearing.</h1> An income-tax authority is permitted to amend any order or intimation to rectify apparent mistakes under the Direct Taxes Code, 2010. Amendments must occur within four years from the end of the financial year of the original order. Amendments that increase an assessee's liability require a hearing opportunity for the assessee. Amendments can be initiated by the authority itself or upon application by the assessee or Assessing Officer. Applications for amendments must be resolved within six months. If an order has been appealed or revised, amendments are limited to issues not addressed in those proceedings.
TaxTMI 
TaxTMI 
