https://www.taxtmi.com/caselaws?id=119894 Rectification under the Income-tax Act was refused because no mistake apparent from the record was shown. The Tribunal held that its earlier finding on disallowance of the provision for orphan claims was a reasoned determination, based on the liability not being certain during the relevant year and therefore falling outside allowable deduction under sections 30 to 43A. It also held that the adjustment under rule 5(a) of Part B of the First Schedule was proper, and that the assessee's reliance on Supreme Court authorities did not reveal any patent error. A rectification application cannot be used to reargue the merits or seek review of a speaking order. en-us Fri, 29 Sep 2006 00:00:00 +0530 Fri, 13 Jul 2012 18:29:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=119894 Rectification under the Income-tax Act was refused because no mistake apparent from the record was shown. The Tribunal held that its earlier finding on disallowance of the provision for orphan claims was a reasoned determination, based on the liability not being certain during the relevant year and therefore falling outside allowable deduction under sections 30 to 43A. It also held that the adjustment under rule 5(a) of Part B of the First Schedule was proper, and that the assessee's reliance on Supreme Court authorities did not reveal any patent error. A rectification application cannot be used to reargue the merits or seek review of a speaking order. Case-Laws Income Tax Fri, 29 Sep 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=119894