Error in Online Income Tax Return deserves Rectification after Due Verification, Revenue can’t take Benefit of Factual Errors: ITAT [Read Order]

Error - Online Return - Rectification - Due verification - Revenue - Factual Errors - ITAT - Taxscan

The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has held that the error in the online income tax return shall deserve rectification after due verification and the Revenue cannot take the benefit of factual errors. The assessee filed its income tax return. The assessee noticed the error in its computation of fringe benefits…

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