https://www.taxtmi.com/acts?id=9939 Rectification of mistake: the Assessing Officer may amend an order to correct an apparent mistake within the statutory time limit from the end of the financial year in which the order was passed. Amendments may be made suo motu or on the assessee's request, but not insofar as matters have been considered and decided on appeal. Any amendment increasing liability, reducing a refund or otherwise adverse to the assessee requires notice and a reasonable opportunity of being heard, and must be made by a written order; reductions entail refunds, and increases specify sums payable. en-us Wed, 22 Oct 2008 12:05:14 +0530 Wed, 23 Oct 2024 17:23:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=9939 Rectification of mistake: the Assessing Officer may amend an order to correct an apparent mistake within the statutory time limit from the end of the financial year in which the order was passed. Amendments may be made suo motu or on the assessee's request, but not insofar as matters have been considered and decided on appeal. Any amendment increasing liability, reducing a refund or otherwise adverse to the assessee requires notice and a reasonable opportunity of being heard, and must be made by a written order; reductions entail refunds, and increases specify sums payable. Act-Rules F. Acts / Amendment Acts Wed, 22 Oct 2008 12:05:14 +0530 https://www.taxtmi.com/acts?id=9939