https://www.taxtmi.com/caselaws?id=276406 Rectification under the Income-tax Act, 1922 requires a real and effective opportunity to object before an adverse order is made; time previously granted may become ineffective where proceedings are disrupted by an interim stay. An incorrect description of income as arising from an unregistered firm may constitute a mistake apparent from the record for section 35(1), and sections 34 and 35 can apply alternatively where their requirements are met. However, the same share income cannot be assessed twice while the firm's assessment remains undisturbed and statutory apportionment and tax-credit adjustments are not made. en-us Thu, 09 Feb 1961 00:00:00 +0530 Sat, 10 Nov 2018 10:43:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=276406 Rectification under the Income-tax Act, 1922 requires a real and effective opportunity to object before an adverse order is made; time previously granted may become ineffective where proceedings are disrupted by an interim stay. An incorrect description of income as arising from an unregistered firm may constitute a mistake apparent from the record for section 35(1), and sections 34 and 35 can apply alternatively where their requirements are met. However, the same share income cannot be assessed twice while the firm's assessment remains undisturbed and statutory apportionment and tax-credit adjustments are not made. Case-Laws Income Tax Thu, 09 Feb 1961 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=276406