https://www.taxtmi.com/caselaws?id=406887 The Tribunal set aside the Ld. CIT(A)'s order confirming the adjustment made to the total income in the intimation under section 143(1) of the Income-tax Act, 1961. It directed the Assessing Officer (A.O.) to allow the claimed exemption for dividend income, emphasizing rectification of errors for fair treatment of taxpayers and the objective of determining correct total income. The decision recognized the unintentional error by the assessee and aimed to rectify the denial of exemption, ensuring adherence to the provisions of the Income-tax Act, 1961. en-us Thu, 15 Apr 2021 00:00:00 +0530 Mon, 26 Apr 2021 10:21:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=406887 The Tribunal set aside the Ld. CIT(A)'s order confirming the adjustment made to the total income in the intimation under section 143(1) of the Income-tax Act, 1961. It directed the Assessing Officer (A.O.) to allow the claimed exemption for dividend income, emphasizing rectification of errors for fair treatment of taxpayers and the objective of determining correct total income. The decision recognized the unintentional error by the assessee and aimed to rectify the denial of exemption, ensuring adherence to the provisions of the Income-tax Act, 1961. Case-Laws Income Tax Thu, 15 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=406887