Under which section of the Income-tax Act, 2025 may an Assessing Officer rectify a mistake apparent from the record in their order?
Question and options
Under which section of the Income-tax Act, 2025 may an Assessing Officer rectify a mistake apparent from the record in their order?
Section 281
Section 287
Section 362
Section 270
Answer and explanation
Correct answer: B - Section 287
Section 287(1) of the Income-tax Act, 2025 lets an income-tax authority amend its own order, or an intimation, to rectify a mistake apparent from the record. Section 270 deals with assessment, and section 362 with appeals to the Appellate Tribunal.
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