https://www.taxtmi.com/caselaws?id=64245 Rectification under section 254(2) is limited to mistakes apparent from the record and cannot be used as a review mechanism. The Tribunal held that the assessee had not shown any patent error in the earlier order concerning inclusion of enhanced compensation in net wealth. It accepted that the right to receive compensation is a single property right valued with reference to the relevant notification and valuation dates, and that later enhancement relates back to the earlier date. On that basis, the inclusion of the compensation amount was not established as legally or factually mistaken, and rectification was refused. en-us Fri, 20 Jul 1990 00:00:00 +0530 Sat, 05 Feb 2011 16:26:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=64245 Rectification under section 254(2) is limited to mistakes apparent from the record and cannot be used as a review mechanism. The Tribunal held that the assessee had not shown any patent error in the earlier order concerning inclusion of enhanced compensation in net wealth. It accepted that the right to receive compensation is a single property right valued with reference to the relevant notification and valuation dates, and that later enhancement relates back to the earlier date. On that basis, the inclusion of the compensation amount was not established as legally or factually mistaken, and rectification was refused. Case-Laws Wealth-tax Fri, 20 Jul 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=64245