https://www.taxtmi.com/caselaws?id=465952 Rectification of an assessment was considered on the basis that a large long-term capital gain entry in Schedule CG of a return arose from a bona fide typographical error by the assessees CA. The appellate order was set aside and the file remitted to the assessing officer for verification of a CA affidavit and supporting evidence; if the inadvertent typographical error is verified, the assessing officer shall delete the addition and accept the return loss. The tribunal held that inadvertent misreporting explained by the assessee can amount to a mistake apparent from record and be rectified. en-us Fri, 31 Jan 2025 00:00:00 +0530 Thu, 15 Jan 2026 17:09:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=465952 Rectification of an assessment was considered on the basis that a large long-term capital gain entry in Schedule CG of a return arose from a bona fide typographical error by the assessees CA. The appellate order was set aside and the file remitted to the assessing officer for verification of a CA affidavit and supporting evidence; if the inadvertent typographical error is verified, the assessing officer shall delete the addition and accept the return loss. The tribunal held that inadvertent misreporting explained by the assessee can amount to a mistake apparent from record and be rectified. Case-Laws Income Tax Fri, 31 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=465952