A friend of mine applied for UK Visa and it was refused. On examining the reasons for refusal it is clear that the Visa Officer has made mistakes. For instance, at one Paragraph the visa officer admits that the monthly salary is Rs 80,000.00, and on the next paragraph he says the expected expenditure for the travel Rs 300,000.00 is 3 times of the applicant's annual salary! Isnt my friend entitled to a re consideration of the decision as this is a glaring mistake?
As mentioned in @the other one's answer, the 5th bullet raises concerns about fund parking:
"I note this bank accounts [sic] balance was inflated by a total [sic] several large cash deposits that do not reconcile with your monthly income and that you have not provided any information surrounding the source of these funds."
This may be the most serious objection in the refusal and the most difficult to resolve since they now have the impression that you attempted to deceive them.
These answers explain the problem in detail:
No, there's no right to appeal. There's however nothing stopping you from submitting a fresh application. Point out and explain the mistakes and take care to make everything super clear to prevent further confusion.
That said, it looks like the mistake is a simple typo that has no real bearing on the decision. Even if the decision letter said "monthly" instead of "annual", the decision would still be entirely reasonable. Spending almost four months worth of salary on a 11-day visit to a friend is really, really hard to justify.
So think thrice before submitting a new application, because it seems doomed from the start.
I am not seeing a mistake here at a glance. It wasn't until someone pointed it out that I noticed the annual/monthly mixup, but given the numbers it seems a clear typo.
It needs pointing out that though most visa refusal threads you find on this site involve people who are lying and attempting to cheat their way to a visa, you can still be refused a visa even if you're totally honest and open. This is the reason many find the need to lie.
This sort of refusal is nothing to worry about. You can still reapply on good terms when your situation improves. It's not at all the same as a refusal for breaking the rules.
In this case the refusal was because the friend is earning under £400 a month and says they will spend just under £1300 on a holiday. This is not normal behaviour, especially if its just to visit a friend they've only known three years. Thats the kind of massive spending you'd make for a dream once in a life time trip or to visit your mother on her deathbed, not a casual holiday.
Additionally I note an unhighlighted paragraph mentions sudden deposits to the account having taken place. This is a big no-no. It's a common way people try to trick the system; friends give them large sums of money, they get the visa due to proving they are rich, then they give their friends the money back.