Amendment status not verified — confirm the current text below against the official source.
(1) T he authority which made an assessment tion of or passed an order on appeal or revision in respect as .essment, thereof may, at any time within three years from th e date of such assessment or order and of his own motion, rectify any mistake apparent from the record of the case, and shall, within the like period, recti fy any such mistake as has been brought to its notice by a dealer : Provided that no such rectification shan be made having the effect of e nhancing the assessment unless the authority concerned has gtven notice to the dealer of its intention so to do and has allowed him a reasonable opportunity 0 1 being heard. (2) Wh ere any such rectification has the effect of reducing the assessment, a refund shall be d ue to the dealer. (3) Where any such rectification has the effect ofenhancing the assessment, a no tice of demand shall be issued for the sum payable. 7 (a) has, wi thout reasonable cause, failed to furnish the re turn which he was required to furnish under sect ion 7 or section 10 Or has, without reasonable cause, failed to furnish it within the time allowed and in the manne r required ; or (b) has, witho ut reasonabl e ca use, failed to comply with a notice under sub-section (2) of secti on 8 ; Or Penalty