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

Advertisement 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 th...