Mistakes apparent from records - Whether can be treated as such on the basis of subsequent decision of Supreme Court

Mistakes apparent from records - Whether can be treated as such on the basis of subsequent decision of Supreme Court https://www.taxtmi.com/circulars?id=4473 A subsequent authoritative interpretation showing an error in completed assessments qualifies as a mistake apparent from the records, allowing rectification provided the application is filed within the statutory time limit and is otherwise in order. Fresh timely applications may be entertained even if earlier ones were rejected, and pending appeals or references on the point are requested to be withdrawn. en-us Wed, 17 Nov 1971 00:00:00 +0530 Sat, 09 Aug 2008 12:38:00 +0530 TaxTMI RSS Generator Mistakes apparent from records - Whether can be treated as such on the basis of subsequent decision of Supreme Court https://www.taxtmi.com/circulars?id=4473 A subsequent authoritative interpretation showing an error in completed assessments qualifies as a mistake apparent from the records, allowing rectification provided the application is filed within the statutory time limit and is otherwise in order. Fresh timely applications may be entertained even if earlier ones were rejected, and pending appeals or references on the point are requested to be withdrawn. Circulars Income Tax Wed, 17 Nov 1971 00:00:00 +0530 https://www.taxtmi.com/circulars?id=4473