Mistakes in tax calculation.

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..... rs had been specifically enjoined to check tax claculations in all cases where the demand raised exceeds Rs.25,000 or refunds exceed Rs.10,000 only with effect from October, 1972. Prior to this date, there was apparently no clear provision for the arithmetical check of Gift-tax calculations and the guidelines in volume-II of Income tax Manual, according to which tax calculations are to be checked .....

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..... tion in all cases where the value of the taxable gifts is Rs.1 lakh or more or where the refunds due exceed Rs.5,000, the Committee trust that mistakes in the calculation of tax would be minimised, if not altogether eliminated. 6.13- The Committee consider that the mistakes committed in this case, by an Upper Division Clerk, while computing the gift-tax, which resulted in over assessment, are ine .....

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..... nue and for the assessee. Since the assessing Officers are responsible for all assessment made by them, checking of tax calculations must be one of their essential functions. This responsibility cannot be foisted on the staff at the lower levels of the hierarchy. The Committee desire that suitable instructions should be issued in this regard." 2. Comprehensive instructions in this regard have alr .....

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