https://www.taxtmi.com/forum/issue?id=1805 An assessing officer who completed a summary assessment accepting an offered income computation later issued a rectification notice to disallow partner interest and remuneration as barred by partnership-disallowance provisions, treating the earlier allowance as an apparent mistake correctible under rectification powers; this stance conflicts with authority upholding such deductions in summary assessments and raises the question whether rectification may alter deductions accepted under the summary assessment procedure. en-us Sat, 06 Mar 2010 16:13:03 +0530 Thu, 23 Jan 2025 15:58:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=1805 An assessing officer who completed a summary assessment accepting an offered income computation later issued a rectification notice to disallow partner interest and remuneration as barred by partnership-disallowance provisions, treating the earlier allowance as an apparent mistake correctible under rectification powers; this stance conflicts with authority upholding such deductions in summary assessments and raises the question whether rectification may alter deductions accepted under the summary assessment procedure. Discussion-Forum Income Tax Sat, 06 Mar 2010 16:13:03 +0530 https://www.taxtmi.com/forum/issue?id=1805