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Facts
The Income Tax Appellate Tribunal (ITAT) had disposed of a captioned appeal via an order dated May 21, 2020. Subsequently, it was identified that some typographical errors existed in paragraph 9 of that order.
Held
The Tribunal issued a corrigendum to rectify the typographical error in the original order. It was held that the phrase concerning the deletion of penalty should correctly cite Section 271C of the Act, instead of the previously mentioned Section 271(1)(c).
Key Issues
Rectification of a typographical error in the original order regarding the correct section of the Income Tax Act under which penalty was deleted.
Sections Cited
271(1)(c), 271C
AI-generated summary — verify with the full judgment below
CORRIGENDUM The captioned appeal was disposed of vide order dated 21st May, 2020. However, some typographical errors have crept in. The following words appearing in 3rd and 4th line of paragraph 9 “……there is no merit in levy of penalty under section 271(1)(c) of the Act and the same is deleted.”, should be read as “…….there is no merit in levy of penalty u/s 271C of the Act and the same is deleted.”