https://www.taxtmi.com/caselaws?id=796676 Rectification under section 154 is confined to errors that are obvious, patent and self-evident from the record. An alleged error involving inclusion of capital receipts, allowability of expenditure, and computation of taxable income following denial of exemption requires factual verification, legal interpretation and substantive adjudication; it is therefore outside rectification jurisdiction. As the same computation dispute was pending in the quantum appeal, it could not be reopened through rectification proceedings. The alleged computational error is not a mistake apparent from the record and is not rectifiable under section 154. en-us Mon, 03 Aug 2026 00:00:00 +0530 Sat, 08 Aug 2026 08:32:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=796676 Rectification under section 154 is confined to errors that are obvious, patent and self-evident from the record. An alleged error involving inclusion of capital receipts, allowability of expenditure, and computation of taxable income following denial of exemption requires factual verification, legal interpretation and substantive adjudication; it is therefore outside rectification jurisdiction. As the same computation dispute was pending in the quantum appeal, it could not be reopened through rectification proceedings. The alleged computational error is not a mistake apparent from the record and is not rectifiable under section 154. Case-Laws Income Tax Mon, 03 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=796676