Error in Income Tax Return Must Be Corrected by Revised Return, Not Rectification

Vimala Hospital Vs ITO (Exemption) (Kerala High Court) Error in Return Must Be Corrected by Revised Return – Rectification Plea Can’t Substitute Revised Return – No Relief to Charitable Hospital: Kerala HC The appellant, Vimala Hospital, a charitable trust hospital registered u/s 12A, filed return of income for AY 2017-18 declaring nil income after claiming exemption u/s 11. In its return, it erroneously disclosed Rs.10.42 lakh as anonymous donations under Column 22. The CPC processed the return u/s 143(1) &  taxed the said figure as anonymous donations. The appellant contended ...