https://www.taxtmi.com/caselaws?id=65548 Rectification under section 254(2) of the Income-tax Act is limited to mistakes apparent from the record and cannot be used to reopen concluded findings. The Tribunal held that the claims concerning mobilisation expenses for NRI deposits, deduction under section 36(1)(viia), and interest paid to the head office and ANZ Bank, London all required reappraisal of facts or merits rather than correction of an obvious error. As the original order had already examined the material and arguments, no patent mistake was shown and rectification was refused. en-us Fri, 23 Oct 2009 00:00:00 +0530 Wed, 16 Feb 2011 15:21:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=65548 Rectification under section 254(2) of the Income-tax Act is limited to mistakes apparent from the record and cannot be used to reopen concluded findings. The Tribunal held that the claims concerning mobilisation expenses for NRI deposits, deduction under section 36(1)(viia), and interest paid to the head office and ANZ Bank, London all required reappraisal of facts or merits rather than correction of an obvious error. As the original order had already examined the material and arguments, no patent mistake was shown and rectification was refused. Case-Laws Income Tax Fri, 23 Oct 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=65548