ITAT Directs Rectification of ₹3.84 Crore Demand Due to Clerical Error in Return Filing

National P.G. College Bhongaon Vs ITO (ITAT Agra) Educational Institution’s Tax Exemption Cannot Be Denied for Typographical Error in Return; ITAT Allows Correction of Wrong Income Disclosure That Triggered ₹3.84 Crore Tax Demand; System-Generated Tax Demand Set Aside After ITAT Finds Exempt Income Wrongly Reported; ITAT Holds Clerical Mistake in ITR Does Not Override Exemption Under Section 10(23C)(iiiab). The Income Tax Appellate Tribunal (ITAT), Agra Bench, allowed an appeal filed by an educational institution against the order of the Commissioner of Income Tax (Appeals), NFAC, for Asse...