TaxTMI 
TaxTMI 
Rectification of mistake
X X X X Extracts X X X X
X X X X Extracts X X X X
.... order may, notwithstanding anything contained in any law for the time being in force, amend the order under that sub-section in relation to any matter other than the matter which has been so considered and decided.] (2) Subject to the other provisions of this section, the authority concerned- (a) may make an amendment under sub-section (1) of its own motion, and (b) shall make such amendment for rectifying any such mistake which has been brought to its notice 13[by the assessee or by the deductor] 19[or by the collector], and where the authority concerned is 24[the Joint Commissioner (Appeals) or the Commissioner (Appeals)], by the 6[Assessing] Officer also. 7[****] (3) An amendment, which has the effect of enhancing an assessment o....
X X X X Extracts X X X X
X X X X Extracts X X X X
....[from the end of the financial year in which the order sought to be amended was passed.] 11[(8) Without prejudice to the provisions of sub-section (7), where an application for amendment under this section is made 17[by the assessee or by the deductor] 23[or by the collector] on or after the 1st day of June, 2001 to an income-tax authority referred to in sub-section (1), the authority shall pass an order, within a period of six months from the end of the month in which the application is received by it,- (a) making the amendment; or (b) refusing to allow the claim.] *************** NOTES:- 1. Substituted vide Section 60 of the Direct Tax Laws (Amendment) Act, 1987 w.e.f. 01-04-1989 before it was read as, ....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... Finance Act, 1994 w.e.f. 01-06-1994 before it was read as, "Provided that the Assessing Officer shall make an amendment for rectifying any mistake, which has been brought to his notice by the assessee in relation to an intimation referred to in clause (b) of sub-section (1), within a period of three months from the end of the month in which it is so brought to his notice and if no such amendment is made within the said period of three months, the assessee may appeal to the Deputy Commissioner (Appeals) or, as the case may be, Commissioner (Appeals) against such intimation and the provisions of section 246 and section 249 shall have effect as if the said intimation were an order for the purposes of those sections." Earlier, Inserted....