Rectification of mistake
Section 169 of the Finance Act, 2016 deals with rectification of mistake. Rectification of mistake. 169. (1) With a view to rectifying any mistake apparent from the record, the Assessing Officer may amend any intimation issued under section 168, within one year from the end of the financial year in which the intimation sought to be amended was issued. The Act was enacted on 27 Jun 2016.
Rectification of mistake.
169.
(1) With a view to rectifying any mistake apparent from the record, the Assessing Officer may amend any intimation issued under section 168, within one year from the end of the financial year in which the intimation sought to be amended was issued.
(2) The Assessing Officer may make an amendment to any intimation under sub-section (1), either suo motu or on any mistake brought to his notice by the [assessee or e-commerce operator].
(3) An amendment to any intimation, which has the effect of increasing the liability of the [assessee or e-commerce operator] or reducing a refund, shall not be made under this section unless the Assessing Officer has given notice to the [assessee or e-commerce operator] of his intention so to do and has given the [assessee or e-commerce operator] a reasonable opportunity of being heard.
(4) Where any such amendment to any intimation has the effect of enhancing the sum payable or reducing the refund already made, the Assessing Officer shall make an order specifying the sum payable by the [assessee or e-commerce operator] and the provisions of this Chapter shall apply accordingly.
1. Substituted for "assessee" by the Finance Act, 2020, w.e.f. 1-4-2020
Section 169, The Finance Act, 2016.
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Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.
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Questions about Section 169
What does Section 169 of the Finance Act deal with?
Section 169 of the Finance Act is headed "Rectification of mistake". Rectification of mistake. 169. (1) With a view to rectifying any mistake apparent from the record, the Assessing Officer may amend any intimation issued under section 168, within one year from the end of the financial year in which the intimation sought to be amended was issued.
How do I find court cases under Section 169 of the Finance Act?
In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Finance Act 2016 169, section 169 Finance Act 2016, section 169 of the Finance Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.
What should I read with Section 169 of the Finance Act, and has it changed?
Its own text turns on section 168 (Processing of statement), so none of them can safely be read on its own.
When was Section 169 of the Finance Act enacted?
Section 169 of the Finance Act, cited as Finance Act 2016 169, was enacted on 27 Jun 2016. It is in force as at the date shown on this page.
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