https://www.taxtmi.com/caselaws?id=26252 Rectification of assessments is confined to errors apparent on the face of the record. On the facts described, treating share income as part of the assessee's individual income did not disclose any apparent mistake justifying rectification, because the issue had already been settled by binding precedent on similar facts. The Tribunal was therefore correct in refusing rectification, and no basis remained for directing a reference in favour of the assessee; the result was against the assessee and in favour of the Revenue. en-us Thu, 31 Oct 1985 00:00:00 +0530 Wed, 03 Feb 2010 16:56:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=26252 Rectification of assessments is confined to errors apparent on the face of the record. On the facts described, treating share income as part of the assessee's individual income did not disclose any apparent mistake justifying rectification, because the issue had already been settled by binding precedent on similar facts. The Tribunal was therefore correct in refusing rectification, and no basis remained for directing a reference in favour of the assessee; the result was against the assessee and in favour of the Revenue. Case-Laws Income Tax Thu, 31 Oct 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=26252