https://www.taxtmi.com/caselaws?id=49548 The text addresses whether income-tax authorities may invoke the rectification power to correct assessments and whether interest for failure to deposit advance tax must be added. It explains that section 35 permits authorities, within the statutory period, to examine the assessment record and rectify mistakes apparent from that record, including errors of law and fact, and that this scope is broader than the restrictive civil procedure test. It further explains that section 18A(8) mandates addition of interest where advance tax obligations are unmet, and that both rectification and interest additions were sustained. en-us Tue, 13 Dec 1960 00:00:00 +0530 Fri, 03 Apr 2015 17:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=49548 The text addresses whether income-tax authorities may invoke the rectification power to correct assessments and whether interest for failure to deposit advance tax must be added. It explains that section 35 permits authorities, within the statutory period, to examine the assessment record and rectify mistakes apparent from that record, including errors of law and fact, and that this scope is broader than the restrictive civil procedure test. It further explains that section 18A(8) mandates addition of interest where advance tax obligations are unmet, and that both rectification and interest additions were sustained. Case-Laws Income Tax Tue, 13 Dec 1960 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=49548