Inadvertent Mistake due to Typographical Error in Calculating Total Income: ITAT Set Aside Revision Order [Read Order]

Inadvertent Mistake - Mistake - Typographical Error - Total Income - Income - ITAT - Revision Order - ITAT Set Aside Revision Order - taxscan

The Kolkata Bench of Income Tax Appellate Tribunal (ITAT) has set aside the revision order as inadvertent mistake was due to the typographical error in calculating the total income. The issue raised by the PCIT in the revisionary proceedings pertains to understatement of short-term capital gain (STCG). In this respect, assessee, Bijni Dooars Tea Company…

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