https://www.taxtmi.com/acts?id=21292 Rectification of mistake permits the Assessing Officer to amend an intimation under the equalisation levy to correct apparent errors within one year of the financial year end; amendments may be suo motu or on notice by the assessee or e commerce operator. If the amendment increases liability or reduces a refund, the Assessing Officer must give notice and a reasonable opportunity of being heard and shall issue an order specifying the sum payable when the amendment enhances the payable amount or reduces a refund. en-us Fri, 06 May 2016 18:24:09 +0530 Thu, 30 Oct 2025 15:48:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=21292 Rectification of mistake permits the Assessing Officer to amend an intimation under the equalisation levy to correct apparent errors within one year of the financial year end; amendments may be suo motu or on notice by the assessee or e commerce operator. If the amendment increases liability or reduces a refund, the Assessing Officer must give notice and a reasonable opportunity of being heard and shall issue an order specifying the sum payable when the amendment enhances the payable amount or reduces a refund. Act-Rules F. Acts / Amendment Acts Fri, 06 May 2016 18:24:09 +0530 https://www.taxtmi.com/acts?id=21292