https://www.taxtmi.com/caselaws?id=799115 Section 115BBE's enhanced tax rate, introduced by the 2016 amendment with effect from 1 April 2017, applied to surrendered income for assessment year 2019-20. As the amendment was already operative for that year, taxation at the normal rate was a mistake apparent from the record and could be rectified. The surrendered income was therefore chargeable at the enhanced rate. en-us Wed, 15 Jul 2026 00:00:00 +0530 Thu, 17 Sep 2026 07:52:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=799115 Section 115BBE's enhanced tax rate, introduced by the 2016 amendment with effect from 1 April 2017, applied to surrendered income for assessment year 2019-20. As the amendment was already operative for that year, taxation at the normal rate was a mistake apparent from the record and could be rectified. The surrendered income was therefore chargeable at the enhanced rate. Case-Laws Income Tax Wed, 15 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=799115