https://www.taxtmi.com/caselaws?id=10864 Rectification under section 154 is limited to obvious, patent mistakes apparent on the face of the record and cannot be used to revisit a concluded settlement order on a debatable issue. A claimed waiver of interest under sections 234A, 234B and 234C could not be treated as a mistake apparent from the record because it would require examination of the settlement basis, the effect of a Board circular, and later legal developments. The finality of an order under section 245D(4) could not be displaced through a disguised review. The Calcutta HC therefore held that the attempted reopening was not sustainable and failed. en-us Wed, 14 Jul 2004 00:00:00 +0530 Mon, 03 May 2010 01:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=10864 Rectification under section 154 is limited to obvious, patent mistakes apparent on the face of the record and cannot be used to revisit a concluded settlement order on a debatable issue. A claimed waiver of interest under sections 234A, 234B and 234C could not be treated as a mistake apparent from the record because it would require examination of the settlement basis, the effect of a Board circular, and later legal developments. The finality of an order under section 245D(4) could not be displaced through a disguised review. The Calcutta HC therefore held that the attempted reopening was not sustainable and failed. Case-Laws Income Tax Wed, 14 Jul 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=10864