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2023 (2) TMI 336 - AT - Income TaxRectification of mistake u/s 154 - Addition towards income from profession of the assessee - assessee had indeed made punching error only while filling the income tax return by adding one more ‘0’ (Zero) - assessee pleaded that while filling up the income tax return, the assessee had committed the punching error by mentioning the professional fee of Rs.81,00,051/- erroneously as against the actual fee of Rs.8,10,051/- - HELD THAT:- Since the assessee had filed its original return of income belatedly on 13/02/2016, the assessee was prevented from filing the revised return. Hence, the assessee filed a rectification petition u/s.154 of the Act before the ld. CPC which was not accepted. We have gone through the bank account summary of the assessee for the whole year which are enclosed wherein it is evident that assessee has actually received professional income from Power Tech Services only to the tune of Rs.7,62,444/- net of TDS. Hence, the addition that has been made due to punching error had resulted in a scenario of assessee getting taxed on an income which he had never earned. Assessee has also filed an affidavit in this regard admitting the punching error that had crept in while filling the income tax return. We find under similar circumstances, the Co-ordinate Bench of this Tribunal had an occasion to consider the negligible error that had crept in, in the electronic filing of returns in the case of Shrikant Real Estates (P) Ltd. [2012 (10) TMI 854 - ITAT MUMBAI] - Thus we direct the ld. AO to delete the addition made in the sum due to punching error. Accordingly, the grounds raised by the assessee are allowed.
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