S. 161 CGST Act allows Assessee to apply for rectification within time prescribed: Calcutta HC directs to allow Rectification Application

The Calcutta High Court ruled that under Section 161 of the CGST Act, an assessee can apply for rectification of any error within the prescribed time limit. The court directed the tax authorities to allow a rectification application that was initially rejected on procedural grounds. This decision reinforces the taxpayer's right to correct genuine mistakes in tax filings and ensures that procedural lapses do not lead to undue hardship. The ruling emphasizes the importance of adhering to statutory timeframes while also allowing for reasonable rectifications.