https://www.taxtmi.com/caselaws?id=341481 The Appellate Tribunal ITAT Kolkata allowed the appeal of a partnership firm regarding the determination of total income for Assessment Year 2009-10 under section 143(1) of the Income Tax Act, 1961. The Tribunal found that a typographical error in the return filing process did not impact the actual tax liability of the firm. Emphasizing the duty of revenue authorities to assess only the real income of the assessee and not exploit genuine mistakes, the Tribunal directed the Assessing Officer to grant relief to the firm, highlighting the importance of fair treatment and assistance to taxpayers. en-us Wed, 05 Apr 2017 00:00:00 +0530 Sun, 09 Apr 2017 13:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=341481 The Appellate Tribunal ITAT Kolkata allowed the appeal of a partnership firm regarding the determination of total income for Assessment Year 2009-10 under section 143(1) of the Income Tax Act, 1961. The Tribunal found that a typographical error in the return filing process did not impact the actual tax liability of the firm. Emphasizing the duty of revenue authorities to assess only the real income of the assessee and not exploit genuine mistakes, the Tribunal directed the Assessing Officer to grant relief to the firm, highlighting the importance of fair treatment and assistance to taxpayers. Case-Laws Income Tax Wed, 05 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=341481