https://www.taxtmi.com/caselaws?id=15964 Rectification under section 61 of the Estate Duty Act was held impermissible where the original estate duty valuation had been independently made on the basis of the approved valuer's report, inspection and relevant property features. A mere difference in valuation does not amount to a mistake apparent on the face of the record, so the assessment could not be revised by substituting one plausible valuation for another. The wealth-tax valuation was not conclusive for estate duty purposes and could not serve as the foundation for rectification, though it could be relevant material. The appeal against the rectified assessment was maintainable because the operative order was the assessment as rectified. en-us Tue, 11 Nov 1997 00:00:00 +0530 Mon, 31 Aug 2009 12:29:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=15964 Rectification under section 61 of the Estate Duty Act was held impermissible where the original estate duty valuation had been independently made on the basis of the approved valuer's report, inspection and relevant property features. A mere difference in valuation does not amount to a mistake apparent on the face of the record, so the assessment could not be revised by substituting one plausible valuation for another. The wealth-tax valuation was not conclusive for estate duty purposes and could not serve as the foundation for rectification, though it could be relevant material. The appeal against the rectified assessment was maintainable because the operative order was the assessment as rectified. Case-Laws Income Tax Tue, 11 Nov 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=15964