CBDT circular on whether mistakes can be treated as such on the basis of subsequent decision of Supreme Court

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Mistakes apparent from records – Whether can be treated as such on the basis of subsequent decision of Supreme Court

Circular : No.68 [F.No. 245/17/71-A&PAC], dated 17-11-1971.

1. The Board are advised that a mistake arising as a result of a subsequent interpretation of law by the Supreme Court would constitute “a mistake apparent from the records” and rectificatory action under section 35/154 of the 1922 Act/the 1961 Act would be in order. It has, therefore, been decided that where an asses¬see moves an application under section 154 pointing out that in the light of a later decision of the Supreme Court

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