Processing of statement.

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....djustment for any arithmetical error in the statement; (b) the interest, if any, shall be computed on the basis of ^2[sum deductible or payable, as the case may be,] as computed in the statement; (c) the sum payable by, or the amount of refund due to, the ^1[assessee or e-commerce operator] shall be determined after adjustment of the amount computed under clause (b) against any a....

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.... a scheme for centralised processing of such statements to expeditiously determine the tax payable by, or the refund due to, the ^5[assessee or ecommerce operator] as required under that sub-section.     ********************* NOTES:- 1.  Substituted vide Section 153 of The Finance Act, 2020 dated 27-03-2020 before it was read as "assessee" 2. ....