TMI BlogRectification of mistakeX X X X Extracts X X X X X X X X Extracts X X X X ..... o in sub-section (1), the authority passing such 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... provided in section 155 or sub-section (4) of section 186 no amendment under this section shall be made after the expiry of four years 10 [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.] ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... come-tax by the Direct Tax Laws (Amendment) Act, 1987, w.e.f. 1-4-1988. 9. Substituted for Income-tax by the Direct Tax Laws (Amendment) Act, 1987, w.e.f. 1-4-1988. 10. Substituted for from the date of the order sought to be amended by the Taxation Laws (Amendment) Act, 1984, w.e.f. 1-10-1984. 11. Inserted by the Finance Act, 2001, w.e.f. 1-6-2001. 12. Inserted vide Finance Act, 2012, w.e.f. 01-07-2012. 13. Substituted vide Finance Act, 2012, w.e.f. 01-07-2012., before it was read as:- by the assessee , 14. Substituted vide Finance Act, 2012, w.e.f. 01-07-2012., before it was read as:- the assessee 15. Substituted vide Finance Act, 2012, w.e.f. 01-07-2012., before it was read as:- (5) Subject to t ..... X X X X Extracts X X X X X X X X Extracts X X X X
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