Amendment status not verified — confirm the current text below against the official source.
(I) The authority which made an assessment or of mistakea. passed an order on appeal or revision in respect thereof, may, of his own motion, and shall if an application is filed in this behalf, within three years from the date of such assessment or order rectify any mistake apparent from the record of the case : Provided that no such rectification having adverse effect upon an assessee shall be made unless the assessee has been given a reasonable opportunity of being heard .. (2) Where anv such rectification has the effect of reduc- ing the assessment, the assessing authority shall order any refund which may be due to such person. t3) Where any such rectification has the effect of enhan· cing the assessment or reducing the refund, the assessing authority shall serve on the person a notice of demand in the prescribed form specifying the sum payable, and such notice of demand shall be deemed to be issued under section 11 and the provisions of this Act shall apply accordingly." Arend!flent