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Income Tax - Highlights / Catch Notes

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Double taxation - Rectification of mistake u/s 154 - Rental ...


Rectification u/s 154 resolves double taxation on rental income; correction made by CPC Bengaluru, removing extra tax.

June 15, 2023

Case Laws     Income Tax     AT

Double taxation - Rectification of mistake u/s 154 - Rental income was offered as “income from house property” - Addition of the same income under the head “income from other sources” - There is clearly a mistake apparent from record while processing the return of income wherein the CPC, Bengaluru - Additions deleted - AT

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