https://www.taxtmi.com/caselaws?id=17118 In computing section 80J relief, preliminary expenses and share issue expenses were treated as not includible in the capital base under rule 19A(3). Their erroneous inclusion was held to be a mistake apparent from the record because exclusion followed from the governing rule and did not require elaborate reasoning. Rectification under section 154 was therefore valid, and the Tribunal was wrong to hold that no apparent mistake existed. The assessment could be corrected by removing the disputed expenses from the capital base for the relief computation. en-us Thu, 10 Oct 1996 00:00:00 +0530 Tue, 15 Sep 2009 12:59:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=17118 In computing section 80J relief, preliminary expenses and share issue expenses were treated as not includible in the capital base under rule 19A(3). Their erroneous inclusion was held to be a mistake apparent from the record because exclusion followed from the governing rule and did not require elaborate reasoning. Rectification under section 154 was therefore valid, and the Tribunal was wrong to hold that no apparent mistake existed. The assessment could be corrected by removing the disputed expenses from the capital base for the relief computation. Case-Laws Income Tax Thu, 10 Oct 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=17118