https://www.taxtmi.com/caselaws?id=772516 A discrepancy in Form 10B between the income applied to charitable purposes and the figure accepted in the original assessment was treated as a mistake apparent from the record, so rectification under section 154 was justified. However, the correct quantum of income applied to charitable purposes could not be fixed on the audit report alone and required examination of the assessee's evidence. The rectification power was therefore upheld, while the determination of the correct amount was remitted to the Assessing Officer for fresh verification on the material on record. en-us Wed, 30 Apr 2025 00:00:00 +0530 Tue, 10 Jun 2025 08:43:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=772516 A discrepancy in Form 10B between the income applied to charitable purposes and the figure accepted in the original assessment was treated as a mistake apparent from the record, so rectification under section 154 was justified. However, the correct quantum of income applied to charitable purposes could not be fixed on the audit report alone and required examination of the assessee's evidence. The rectification power was therefore upheld, while the determination of the correct amount was remitted to the Assessing Officer for fresh verification on the material on record. Case-Laws Income Tax Wed, 30 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=772516