Tax Addition Over ₹72 Cr Deleted Due to Auditor Error

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

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