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>Tax authority can amend orders to fix apparent mistakes, with notice for increased liability; four-year time limit applies</h1> A tax authority may amend any of its orders or intimations to rectify mistakes apparent from the record, except matters already decided in appeal or revision. Amendments may be made on the authority's own motion or on application by the taxpayer, deductor, collector or assessing officer (as applicable). Any amendment that increases liability, reduces a refund or enhances assessment requires prior notice and a reasonable opportunity to be heard; reductions must be refunded. The authority must record amendments in writing. Amendments are barred after four years from the end of the relevant financial year, and applications must be disposed of within six months of receipt.
TaxTMI 
TaxTMI 
