https://www.taxtmi.com/caselaws?id=19294 The High Court upheld the Tribunal's decision, determining that the original assessment order did not contain a mistake justifying rectification under section 35 of the Wealth-tax Act. Emphasizing that only clerical or arithmetical errors could be rectified under this section, the court found no obvious or patent mistake requiring rectification. Additionally, the court held that subsequent judgments altering valuation could not be a basis for rectification post the Wealth-tax Officer's order. Consequently, the court dismissed the case, ruling that the question raised was not referable as a question of law, and no costs were awarded. en-us Thu, 23 Feb 1995 00:00:00 +0530 Thu, 05 Nov 2009 12:25:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19294 The High Court upheld the Tribunal's decision, determining that the original assessment order did not contain a mistake justifying rectification under section 35 of the Wealth-tax Act. Emphasizing that only clerical or arithmetical errors could be rectified under this section, the court found no obvious or patent mistake requiring rectification. Additionally, the court held that subsequent judgments altering valuation could not be a basis for rectification post the Wealth-tax Officer's order. Consequently, the court dismissed the case, ruling that the question raised was not referable as a question of law, and no costs were awarded. Case-Laws Income Tax Thu, 23 Feb 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19294