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Income Tax - Highlights / Catch Notes

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Rectification of mistake u/s 154 - amount relating to contingent ...


Court Orders Review of Income Tax Error u/s 154; CPC to Address Mistaken "0" Entry in Returns.

April 28, 2023

Case Laws     Income Tax     HC

Rectification of mistake u/s 154 - amount relating to contingent liability - there is a figure of “0” in the “Amount in the Income Tax Returns” instead of the actual figure. In our view, this is an exfacie error which deserves to be rectified - CPC directed to consider the application of the petitioner for rectification - HC

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