https://www.taxtmi.com/caselaws?id=471074 Internal inconsistency in return entries can constitute an incorrect claim apparent from information in the return, permitting adjustment during processing under section 143(1). Where interest sub-fields were shown as nil but the aggregate interest column disclosed an amount, the interest claim was capable of adjustment. Interest expenditure recorded in audited accounts but entered in an incorrect return column remains subject to verification of applicable tax-deduction compliance and any resulting disallowance under section 40(a)(ia). Following verification, the expenditure may be allowed or disallowed accordingly. en-us Tue, 01 Apr 2025 00:00:00 +0530 Wed, 19 Aug 2026 18:58:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=471074 Internal inconsistency in return entries can constitute an incorrect claim apparent from information in the return, permitting adjustment during processing under section 143(1). Where interest sub-fields were shown as nil but the aggregate interest column disclosed an amount, the interest claim was capable of adjustment. Interest expenditure recorded in audited accounts but entered in an incorrect return column remains subject to verification of applicable tax-deduction compliance and any resulting disallowance under section 40(a)(ia). Following verification, the expenditure may be allowed or disallowed accordingly. Case-Laws Income Tax Tue, 01 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=471074