https://www.taxtmi.com/article/detailed?id=11198 Assessing officers must independently apply their mind and place sufficient reasons on record before invoking rectification for accepted revenue-audit objections; only manifest errors in the record such as arithmetical or clerical mistakes or clear misreading of law qualify as mistakes apparent. The CBDT has instructed strict adherence to the procedure in Instruction No. 7/2017, requiring the Principal Commissioner to consider whether revisional powers should be exercised and directing field authorities to take remedial action only after due application of mind to avoid appellate reversals. en-us Mon, 13 Mar 2023 10:16:02 +0530 Mon, 13 Mar 2023 10:16:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=11198 Assessing officers must independently apply their mind and place sufficient reasons on record before invoking rectification for accepted revenue-audit objections; only manifest errors in the record such as arithmetical or clerical mistakes or clear misreading of law qualify as mistakes apparent. The CBDT has instructed strict adherence to the procedure in Instruction No. 7/2017, requiring the Principal Commissioner to consider whether revisional powers should be exercised and directing field authorities to take remedial action only after due application of mind to avoid appellate reversals. Articles Income Tax Mon, 13 Mar 2023 10:16:02 +0530 https://www.taxtmi.com/article/detailed?id=11198