Rectification of mistake: Assessing Officer may amend orders, but must give notice and hearing before increasing liability. The Assessing Officer may amend any order to rectify mistakes apparent from the record within one year from the end of the financial year in which the order was passed, either suo motu or on representation, except as to matters decided on appeal; amendments increasing liability require notice and a reasonable opportunity of being heard and must be made in writing, with consequential refund or recovery steps applied as appropriate.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Rectification of mistake: Assessing Officer may amend orders, but must give notice and hearing before increasing liability.
The Assessing Officer may amend any order to rectify mistakes apparent from the record within one year from the end of the financial year in which the order was passed, either suo motu or on representation, except as to matters decided on appeal; amendments increasing liability require notice and a reasonable opportunity of being heard and must be made in writing, with consequential refund or recovery steps applied as appropriate.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
