https://www.taxtmi.com/acts?id=6559 Rectification permits the tax authority to amend its order to correct an apparent mistake within a limited period, except as regards matters already considered and decided on appeal or revision. The authority may act on its own motion or must amend when a mistake is pointed out by the assessee or, for Commissioner (Appeals), by the Assessing Officer. Amendments increasing liability require prior notice and opportunity to be heard; amendments must be in writing. Refunds must be made where assessment is reduced, and a prescribed notice of demand is issued where assessment is enhanced or a refund reduced. en-us Sat, 19 Jan 2008 22:45:54 +0530 Fri, 06 Mar 2009 16:25:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=6559 Rectification permits the tax authority to amend its order to correct an apparent mistake within a limited period, except as regards matters already considered and decided on appeal or revision. The authority may act on its own motion or must amend when a mistake is pointed out by the assessee or, for Commissioner (Appeals), by the Assessing Officer. Amendments increasing liability require prior notice and opportunity to be heard; amendments must be in writing. Refunds must be made where assessment is reduced, and a prescribed notice of demand is issued where assessment is enhanced or a refund reduced. Act-Rules Direct Taxes Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=6559