690/CBDT.

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..... ernal/Revenue Audit Parties, even if the said rectification has to be carried out beyond the period specified in sub-section (7) of Section 154. 2. A query has been raised as to how the cases in which two or more mistakes are pointed out, some in favour of the assessee and some against the assessee, are to be dealt with. The problem posed is whether, ignoring mistakes against the assessee, the o .....

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..... ng so, we have to consider all mistakes whether in favour or against the assessee. It is only when the net result is in favour of the assessee that the Board's Instruction No.429 can be invoked to waive the time limit. 5. These instructions may be brought to the notice of all the officers in your charge. - Circular - Trade Notice - Public Notice - Instructions - Office orders Tax Management I .....

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