The ITAT ruled that rectification proceedings cannot substitute for an appellate remedy against an addition under section 69A. Absence of a mistake apparent from the record justified ...

The issue was prolonged misuse of correction statements due to no statutory deadline. The law now enforces strict timelines, making accurate original filing ...

Taxpayers face significant delays in receiving refunds and tax relief even after winning cases at the ITAT and other appellate authorities. This administrative inertia, where tax officers delay ...

Under India’s income tax rules, December 31 is the last date to file a revised return or a belated return for a given assessment year. Once this window closes, taxpayers can no longer correct errors, ...