https://www.taxtmi.com/highlights?id=105648 Erroneous inclusion of interest on tax-free bonds as taxable income was treated as a mistake apparent from the record, rather than a fresh claim requiring a revised return. Interest specifically exempt under section 10(15)(iv)(h) could not be taxed merely because it had been mistakenly offered as taxable income in the return. The Tribunal directed that interest on IIFCL and REC tax-free bonds be treated as exempt, with consequential refund and admissible interest. en-us Sat, 31 Oct 2026 08:32:14 +0530 Sat, 31 Oct 2026 08:32:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=105648 Erroneous inclusion of interest on tax-free bonds as taxable income was treated as a mistake apparent from the record, rather than a fresh claim requiring a revised return. Interest specifically exempt under section 10(15)(iv)(h) could not be taxed merely because it had been mistakenly offered as taxable income in the return. The Tribunal directed that interest on IIFCL and REC tax-free bonds be treated as exempt, with consequential refund and admissible interest. Highlights Income Tax Sat, 31 Oct 2026 08:32:14 +0530 https://www.taxtmi.com/highlights?id=105648