https://www.taxtmi.com/caselaws?id=787708 An addition made under section 143(1) on the basis of an incorrect entry in the tax audit report could not be sustained where the report was subsequently revised to correct the factual mistake. The addition had been maintained by the lower authorities by relying on the original erroneous reporting, without giving effect to the corrected factual position. Once the revised audit report was on record, the foundation for the adjustment disappeared and the addition was directed to be deleted in favour of the assessee. en-us Wed, 14 Jan 2026 00:00:00 +0530 Wed, 11 Mar 2026 08:17:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787708 An addition made under section 143(1) on the basis of an incorrect entry in the tax audit report could not be sustained where the report was subsequently revised to correct the factual mistake. The addition had been maintained by the lower authorities by relying on the original erroneous reporting, without giving effect to the corrected factual position. Once the revised audit report was on record, the foundation for the adjustment disappeared and the addition was directed to be deleted in favour of the assessee. Case-Laws Income Tax Wed, 14 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787708