CBDT Issues Corrigendum: Income-Tax Notification Corrected with Typographical and Schedule Fixes [Read Notification]

The Central Board of Direct Taxes (CBDT), under the Ministry of Finance, has issued a corrigendum to its earlier income‑tax notification dated March 30, 2026. Published in the Gazette of India (Extraordinary), the correction addresses typographical errors and technical inconsistencies across several schedules and forms used in tax filings.

The corrigendum clarifies that the word “QUITY” printed in Part A – BS should be read as “EQUITY.” Similarly, in Part A – P&L, the placeholder “DE” has been replaced with the figure “16.” A mathematical correction has also been made in Schedule BP, where “36 + 36x” is substituted with “35 + 36x.” These changes ensure accuracy in the computation formats prescribed for taxpayers.

Also in Schedule CG, a new sub‑row has been inserted to account for Pass Through Income/Loss in the nature of Short Term Capital Gain. Taxpayers are directed to fill this in Schedule PTI.

At the same time, row items B(4)(i) and B(4)(ii) have been omitted, and references such as “sl. no. laii” have been corrected to “sl. no. laiii.” In Part E of the same schedule, “B12a” has been replaced with “B11a.”

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The corrigendum also removes redundant columns. In Schedule 112A and Schedule 115AD(1)(b)(iii), column (1b) has been omitted. In Schedule UD, references to “3xvi” and “4xvi” have been corrected to “3xv” and “4xv.” Finally, in Schedule MATC, the Roman numeral “xviii” has been corrected to “xvii” for rows 5 and 6.

By issuing this correction, the CBDT aims to streamline compliance for taxpayers and professionals, ensuring that income‑tax returns filed for the financial year reflect accurate references and computations. The move underscores the importance of precision in statutory instruments, particularly those that directly affect financial reporting and tax obligations.

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