Clerical Error Can’t Inflate Tax-ITAT Orders Rectification of Double STCG Addition

Sarita Vijaykumar Gupta Vs ITO (ITAT Mumbai) Clerical Error Can’t Inflate Tax-ITAT Orders Rectification of Double STCG Addition The case involved a clear computational error where the AO had double-counted Short-Term Capital Gains (STCG), resulting in inflated income and demand. Additionally, deduction u/s 80C was denied despite supporting documents. The CIT(A) dismissed the appeal in limine due to delay (332 days) without examining merits. The ITAT held: Delay was bona fide and not intentional, hence condoned CIT(A) erred in not admitting the appeal despite reasonable cause On merits: Th...