New Delhi : The Central Board of Direct Taxes (CBDT) has rolled out a new rule aimed at simplifying Income Tax Return (ITR) corrections and ensuring faster tax refunds for taxpayers. The notification, issued on October 27, 2025, empowers the Centralised Processing Centre (CPC), Bengaluru, to make quick corrections under Section 154 of the Income Tax Act, 1961 — without reopening the entire assessment process.

What’s New in the Rule?

Under the new system, the CPC and the local Assessing Officer (AO) will now have “concurrent jurisdiction” to fix obvious or apparent mistakes in tax returns.

This includes errors like:

Wrongly entered figures in income or TDS,

Simple calculation errors,

Missing or mismatched data.

Earlier, such issues often required a lengthy reassessment process, dela

See Full Page