This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Tax Addition Over ₹72 Cr Deleted Due to Auditor Error
Case Law Details
- Case Name
- DCIT Vs CNH Industrial [India] Pvt Ltd (ITAT Delhi)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2023-24
- Courts
- All ITAT, ITAT Delhi
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
DCIT Vs CNH Industrial [India] Pvt Ltd (ITAT Delhi)
₹72 Cr Added Due to Audit Typo? ITAT Says ‘Clerical Error’ & Deletes Entire Adjustment
CNH Industrial (India) Pvt. Ltd. filed its return declaring income of ₹684.72 crore. CPC issued a proposed adjustment u/s 143(1)(a), to which Assessee initially did not respond. Later, Assessee filed a grievance explaining that the tax auditor made an inadvertent reporting error in Form 3CD under Clause 14(b): instead of reporting closing inventory of AY 2022-23 (₹839.08 crore), the auditor wrongly reported opening inventory (₹766.99 crore)....
Author Info
