Wealth-tax and gift-tax assessments-Mistakes apparent from record--Whether can be treated as such on the basis of decisions of Supreme Court-Clarification regarding

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....lar<br>Income Tax<br>Wealth-tax and gift-tax assessments-Mistakes apparent from record--Whether can be treated as such on the basis of decisions of Supreme Court-Clarification regarding Circular No. ....

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....n of law by the Supreme Court would constitute a "mistake apparent from the record" and rectificatory action under section 35/154 of the Income-tax Act, 1922/1961, would be in order. 2. It is hereby ....