₹9.91 Lakh Tax Refund to Senior Citizen After ITAT Delhi Finds Tax Paid on Exempt Bonds

The Delhi ITAT held that mistakenly offering tax-exempt interest from IIFCL and REC bonds to tax constitutes a rectifiable mistake apparent from the record under Section 154. It directed the Assessing Officer to treat the interest as exempt under Section 10(15)(iv)(h) and grant a refund of ₹9,91,370, with applicable interest.