https://www.taxtmi.com/caselaws?id=193707 Where a tax authority invoked rectification to correct an alleged mistake apparent from the record, the power was limited to errors discernible on the face of the assessment (principally calculational errors); the impugned action relied on contesting the correctness of applying substantive provisions on grossing up and allowance of dividend income rather than any facial miscalculation. Because no arithmetic mistake was apparent and the real dispute concerned statutory application, the exercise of rectification power lacked jurisdiction and the rectification and confirming revision orders were quashed in favour of the assessee. en-us Fri, 20 Feb 1959 00:00:00 +0530 Wed, 16 Aug 2017 17:49:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=193707 Where a tax authority invoked rectification to correct an alleged mistake apparent from the record, the power was limited to errors discernible on the face of the assessment (principally calculational errors); the impugned action relied on contesting the correctness of applying substantive provisions on grossing up and allowance of dividend income rather than any facial miscalculation. Because no arithmetic mistake was apparent and the real dispute concerned statutory application, the exercise of rectification power lacked jurisdiction and the rectification and confirming revision orders were quashed in favour of the assessee. Case-Laws Income Tax Fri, 20 Feb 1959 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=193707