CPC must rectify mistake apparent from records despite non-filing of revised Return

Markand Induprasad Bhatt Vs DCIT (ITAT Ahmedabad) However, we note that the power of rectification u/s 154 of the Act can be exercised only if there is a mistake apparent from the record which is one of the pre-condition meaning thereby the mistake should be apparent, obvious from the record. In other words, in order to attract the power to rectify the mistake u/s 154, it is not sufficient that there is merely a mistake in the order sought to be rectified. The mistake could be rectified if the same is apparent from the record. The plain meaning of the word “apparent” is that it must be som...