https://www.taxtmi.com/highlights?id=65006 Rectification of mistake u/s 154 - Though there is a remedy to revise the return but if the assessee could not revised its return of income within the period prescribed, it does not mean that there is no remedy for such a mistake leading to incorrect assessment. Even otherwise, if assessee has offered an income to tax by mistake or due to technical mal functioning of computer system, the appellate authority has the jurisdiction to rectify such mistake and particularly to avoid the assessment of the income which is not the real income of the assessee. - AT en-us Sat, 06 Aug 2022 17:17:24 +0530 Sat, 06 Aug 2022 17:17:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=65006 Rectification of mistake u/s 154 - Though there is a remedy to revise the return but if the assessee could not revised its return of income within the period prescribed, it does not mean that there is no remedy for such a mistake leading to incorrect assessment. Even otherwise, if assessee has offered an income to tax by mistake or due to technical mal functioning of computer system, the appellate authority has the jurisdiction to rectify such mistake and particularly to avoid the assessment of the income which is not the real income of the assessee. - AT Highlights Income Tax Sat, 06 Aug 2022 17:17:24 +0530 https://www.taxtmi.com/highlights?id=65006