https://www.taxtmi.com/caselaws?id=7368 Rectification of the petitioners' assessments under section 35 of the Income-tax Act, 1922 was upheld because the assessment records showed an obvious unexplained discrepancy between income disclosed and income assessed, which constituted a mistake apparent from the record. The Court noted a doubt whether the Income-tax Officer could rely on the Appellate Tribunal's decision in the father's case, but found it unnecessary to decide that issue because the writ challenge failed in any event. The individual records alone were sufficient to justify rectification, and the enhanced assessments therefore stood. en-us Thu, 09 May 1968 00:00:00 +0530 Wed, 18 Feb 2009 18:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=7368 Rectification of the petitioners' assessments under section 35 of the Income-tax Act, 1922 was upheld because the assessment records showed an obvious unexplained discrepancy between income disclosed and income assessed, which constituted a mistake apparent from the record. The Court noted a doubt whether the Income-tax Officer could rely on the Appellate Tribunal's decision in the father's case, but found it unnecessary to decide that issue because the writ challenge failed in any event. The individual records alone were sufficient to justify rectification, and the enhanced assessments therefore stood. Case-Laws Income Tax Thu, 09 May 1968 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=7368