Govt Issues Corrigendum to Rectify Errors in Income Tax Act 2025
- Blog|News|Income Tax|
- 2 Min Read
- By Taxmann
- |
- Last Updated on 5 September, 2025
Latest from Taxmann
Corrigenda, Dated 03-09-2025
1. Introduction
The Ministry of Law and Justice has issued a corrigendum to the Income Tax Act, 2025 to address certain inadvertent errors in the text of the legislation. These corrections are part of the government’s ongoing efforts to maintain accuracy, clarity, and consistency in tax law.
2. Correction of Terminology
One of the key changes relates to the replacement of the term ‘previous year’ with ‘tax year’ in a few provisions of the Act. The Income Tax Act, 2025, introduced the concept of a tax year to modernize terminology and align with global practices. However, some sections still carried references to the earlier phrase “previous year,” which created scope for ambiguity. The corrigendum has now rectified this inconsistency.
3. Rectification of Spelling Errors
Another correction relates to the misspelling of the word ‘assessee’ in certain parts of the Act. Although seemingly minor, such errors could create confusion in interpretation and drafting consistency. The corrigendum ensures that the term is now spelled correctly throughout the Act, thereby maintaining the precision expected in statutory texts.
4. Importance of Legislative Accuracy
The issuance of this corrigendum highlights the importance of accuracy and standardisation in legislative drafting. Even small inconsistencies or typographical mistakes can lead to misinterpretation or disputes during compliance and litigation. By issuing timely corrections, the Ministry ensures that taxpayers, professionals, and enforcement authorities interpret the provisions uniformly.
5. Conclusion
The corrigendum to the Income Tax Act, 2025 reflects the government’s proactive approach in ensuring clarity and reliability of tax law. By correcting terminology and spelling errors, the Ministry of Law and Justice has reinforced the integrity of the statute, providing taxpayers with greater certainty and reducing potential interpretational challenges in the future.
Click Here To Read The Full Update
Disclaimer: The content/information published on the website is only for general information of the user and shall not be construed as legal advice. While the Taxmann has exercised reasonable efforts to ensure the veracity of information/content published, Taxmann shall be under no liability in any manner whatsoever for incorrect information, if any.
Taxmann Publications has a dedicated in-house Research & Editorial Team. This team consists of a team of Chartered Accountants, Company Secretaries, and Lawyers. This team works under the guidance and supervision of editor-in-chief Mr Rakesh Bhargava.
The Research and Editorial Team is responsible for developing reliable and accurate content for the readers. The team follows the six-sigma approach to achieve the benchmark of zero error in its publications and research platforms. The team ensures that the following publication guidelines are thoroughly followed while developing the content:
- The statutory material is obtained only from the authorized and reliable sources
- All the latest developments in the judicial and legislative fields are covered
- Prepare the analytical write-ups on current, controversial, and important issues to help the readers to understand the concept and its implications
- Every content published by Taxmann is complete, accurate and lucid
- All evidence-based statements are supported with proper reference to Section, Circular No., Notification No. or citations
- The golden rules of grammar, style and consistency are thoroughly followed
- Font and size that’s easy to read and remain consistent across all imprint and digital publications are applied
Everything on Tax and Corporate Laws of India
To subscribe to our weekly newsletter please log in/register on Taxmann.com
CA | CS | CMA
