Tax liability confirmed while processing of return of income by ...

Income Tax

August 29, 2022

Tax liability confirmed while processing of return of income by CPC - wrong reporting of income - whether relief could be claimed only by filing revised return for which statutory timeline has already expired? - the addition has been made only due to wrong reporting of income by the assessee which cannot be sustained. Therefore, in our opinion, the Ld.CIT(A) has committed an error in dismissing the appeal filed by the assessee. Accordingly, we allow the Assessee’s Grounds of Appeal No. 1 and 2. - AT

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Tax liability confirmed while processing of return of income by ...

Income Tax

August 29, 2022

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