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2023 (4) TMI 1174 - BOMBAY HIGH COURTRectification of mistake u/s 154 - amount relating to contingent liability amount been admittedly mentioned in Form 3CD but under the head “Amount in Income Tax Returns”, the figure of “0” is shown, instead of actual figure. - HELD THAT:- We observe from petition which contains an electronic dialogue on the Income Tax Portal between the Income Tax department and Petitioner with respect to the purported inconsistency with respect to the sum of Rs.42,94,12,920/- which the petitioner has disagreed with the following remarks : “The proposed adjustment is incorrect. The proposed amount of Rs.42,94,12,920/- is already disclosed in Form 3CD clause 21(g) and also disallowed in the ITR computation refer Schedule BP Sr no 23.” As observed from the rectification order dated 22nd November 2022 under Section 154 of the I.T.Act that is submitted on behalf of the petitioner, there is a figure of “0” in the “Amount in the Income Tax Returns” instead of the said figure of Rs.42,94,12,920/-. In our view, this is an exfacie error which deserves to be rectified. We direct the respondent no.1 – Centralized Processing Centre to consider the application of the petitioner for rectification in the light of the above discussion, within a period of three months.
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