https://www.taxtmi.com/caselaws?id=165074 Rectification under the sales tax statute is limited to arithmetical, clerical or similarly obvious mistakes apparent on the face of the record; it cannot rest on further verification of accounts or reappreciation of material. A rectification order founded on examination of books of account therefore exceeds statutory power. Suo motu revision likewise requires disclosure of the factual basis showing that an assessment is erroneous and prejudicial to the Revenue; a bare assertion without reasons is insufficient. The commentary stresses that both rectification and revisional powers under a taxing statute must be exercised strictly within their statutory limits and on a discernible legal and factual foundation. en-us Wed, 09 Dec 2009 00:00:00 +0530 Tue, 21 Oct 2014 08:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=165074 Rectification under the sales tax statute is limited to arithmetical, clerical or similarly obvious mistakes apparent on the face of the record; it cannot rest on further verification of accounts or reappreciation of material. A rectification order founded on examination of books of account therefore exceeds statutory power. Suo motu revision likewise requires disclosure of the factual basis showing that an assessment is erroneous and prejudicial to the Revenue; a bare assertion without reasons is insufficient. The commentary stresses that both rectification and revisional powers under a taxing statute must be exercised strictly within their statutory limits and on a discernible legal and factual foundation. Case-Laws VAT and Sales Tax Wed, 09 Dec 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=165074