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2021 (1) TMI 210 - AT - Income TaxRectification of mistake - ITAT has inadvertently mentioned that the ratio of CLC to TLC should not be more than 7.5% instead of 4% - HELD THAT:- The plea of the assessee applicant is indeed correct. The Assessing Officer himself had adopted 4% as CLC/TLC ratio, and the same was, as noted by us required to be adopted this year as well. The mention of 7.5% as adjusted CLC/TLC ratio, in paragraph 7, was clearly an inadvertent error. We, therefore, deem it fit and proper to recall the matter on this point, and refix the matter for adjudication afresh on that point. The Registry is directed to refix the matter for the above purposes, before the regular bench on 29.01.2021. Order accordingly. In the result, the rectification petition is allowed in the terms indicated above.
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