https://www.taxtmi.com/highlights?id=105452 Orders refusing rectification of return-processing adjustments are separately appealable, and limitation for the first appeal runs from service of the rectification order or its intimation, not from an earlier processing intimation. A contingent-liability disclosure does not itself establish a deduction claim. Where tax audit records, financial statements and the processing intimation show that a disputed tax demand was neither charged to profit and loss nor claimed as a deduction, disallowing it increases income for an unclaimed amount and constitutes a mistake apparent from the record. The delay finding was set aside, the appeal was admitted, and the adjustment was directed to be deleted through rectification. en-us Tue, 27 Oct 2026 14:31:26 +0530 Tue, 27 Oct 2026 14:31:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=105452 Orders refusing rectification of return-processing adjustments are separately appealable, and limitation for the first appeal runs from service of the rectification order or its intimation, not from an earlier processing intimation. A contingent-liability disclosure does not itself establish a deduction claim. Where tax audit records, financial statements and the processing intimation show that a disputed tax demand was neither charged to profit and loss nor claimed as a deduction, disallowing it increases income for an unclaimed amount and constitutes a mistake apparent from the record. The delay finding was set aside, the appeal was admitted, and the adjustment was directed to be deleted through rectification. Highlights Income Tax Tue, 27 Oct 2026 14:31:26 +0530 https://www.taxtmi.com/highlights?id=105452