Tax Demand Invalid When Arising from Typographical Error Without Malafide Intent

DCIT Vs Kopran Ltd. (ITAT Mumbai)

ITAT Mumbai held that demand is invalid since raised on account of typographical error with no malafide intention as assessee shouldn’t be burdened with unnecessary hardship in case there is any inadvertent error which are not malafide.

Facts-

The present appeal has been preferred by the revenue. The revenue is in appeal challenging the deletion on addition made on account of increase in profit or decrease in loss of ICDS adjustment and deviation in method of valuation of stock amounting to Rs. 34,56,43,410/- and de

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