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Put in place foolproof IT system, control mechanism to check assessment errors: CAG to CBDT

Put in place foolproof IT system, control mechanism to check assessment errors: CAG to CBDT

„These cases mainly pertained to arithmetical errors in computation of income and tax, errors in levy of interest, irregularities in allowing depreciation/business losses/capital losses, irregular exemptions/ deductions/ rebates/ relief/MAT credit, incorrect allowance of business expenditure, income not assessed/under assessed under normal provisions, etc,” it said.


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21 December 2021, 16:13