https://www.taxtmi.com/caselaws?id=801063 Rectification under section 154 is confined to a mistake apparent from the record and cannot reopen a sales figure already examined and accepted during the original assessment. Where sales were verified against VAT returns and a higher return figure was treated as a typographical error, an audit objection identifying the discrepancy alone did not establish an apparent mistake or displace the prior verification. Reliance solely on that objection amounted to borrowed satisfaction rather than an independently identifiable record-based error. The rectification was invalid, and the resulting sales addition was deleted. en-us Tue, 29 Sep 2026 00:00:00 +0530 Thu, 15 Oct 2026 05:44:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=801063 Rectification under section 154 is confined to a mistake apparent from the record and cannot reopen a sales figure already examined and accepted during the original assessment. Where sales were verified against VAT returns and a higher return figure was treated as a typographical error, an audit objection identifying the discrepancy alone did not establish an apparent mistake or displace the prior verification. Reliance solely on that objection amounted to borrowed satisfaction rather than an independently identifiable record-based error. The rectification was invalid, and the resulting sales addition was deleted. Case-Laws Income Tax Tue, 29 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=801063