Amendment status not verified — confirm the current text below against the official source.
(1) The Commissioner may, on his own motion or on an application made Power to at any time within six months from the date of any order passed by him, rectify any tcnify er~os error apparent on the face of the record : apparent cn the face of the ! ecord, A Groun 1 V-2 Ex. (398)- 7 provided that no such r d c a t i o n which hao thi rhect of cnhanoing an assee ment, shall be made unless such authority has given notic$ to the assessee and h a allowed him a reasonable opportunity of being heard. (2) Where such rectification has the effect of reducing an assessment. the k~cess amount if any paid by the assessee shall be adjusted towards any tax that may accrue in future. Levy of fine.