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2022 (2) TMI 983 - AT - Income TaxRectification of mistake u/s 154 seeking rectification of mistake in the revised return of income - HELD THAT:- There is substance in the claim of the assessee that in his revised return of income the gross total income was wrongly stated at ₹ 40,42,980/- as against income of ₹ 4,04,298/- (as originally returned), which mistake had crept in by wrongly suffixing one “Zero” to the amount of the income as originally returned. Our aforesaid conviction is supported by the very fact that even in the revised return of income the tax liability on the amount of income so returned i.e. ₹ 40,42,980/- had been reflected at the same amount as shown in the original return of income i.e. ₹ 15,306/- . In our considered view, the aforesaid facts duly lends credence to the claim of the assessee that the income reflected in the revised return of income on account of a mistake which was glaring on the very face of it was therein wrongly mentioned. We are of a strong conviction that the income returned by the assessee in his revised return at ₹ 40,42,980/- suffered from a mistake which was apparent, patent, obvious and glaring from record, which therein rendered the same amenable for rectification u/s.154 of the Act. We, thus, not being able to persuade ourselves to subscribe to the summarily dismissal of the assessee’s application u/s.154 of the Act by the Assessing Officer, which thereafter, had been upheld by the CIT(A), therein set-aside the order of the first appellate authority and quash the order passed by the Assessing Officer u/s.154 of the Act dated 26.06.2019. Accordingly, the A.O is directed to rectify the mistake as claimed by the assessee in his application filed u/s 154 of the Act. The Ground of appeal No.1 is allowed in terms of our aforesaid observations.
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