https://www.taxtmi.com/caselaws?id=182151 Rectification under section 154 is limited to a patent mistake apparent from the existing record and cannot be used to conduct fresh enquiries, gather foundational facts, reopen the return, or introduce a new claim based on a later Supreme Court ruling. Where the return and computation do not establish that the interest was received under section 28 of the Land Acquisition Act, the necessary facts for applying exemption or substituting the character of the receipt are absent. The request for exemption under section 10(37) and corresponding TDS credit therefore required an examination beyond rectification and amounted to a fresh substantive claim, which was impermissible. en-us Mon, 26 Dec 2011 00:00:00 +0530 Tue, 03 May 2016 18:17:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=182151 Rectification under section 154 is limited to a patent mistake apparent from the existing record and cannot be used to conduct fresh enquiries, gather foundational facts, reopen the return, or introduce a new claim based on a later Supreme Court ruling. Where the return and computation do not establish that the interest was received under section 28 of the Land Acquisition Act, the necessary facts for applying exemption or substituting the character of the receipt are absent. The request for exemption under section 10(37) and corresponding TDS credit therefore required an examination beyond rectification and amounted to a fresh substantive claim, which was impermissible. Case-Laws Income Tax Mon, 26 Dec 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=182151