Corrigendum to Notification No 112 of 2021 published vide S.O 3810 (E) dated 16th September, 2021

## Policy Analysis Report: Corrigendum to Taxation and Other Laws Notification No. 112/2021 **1. Executive Summary:** This report analyzes a corrigendum issued by the Central Board of Direct Taxes (CBDT), Department of Revenue, Ministry of Finance, Government of India. The corrigendum, officially Notification No. 116/2021, addresses a typographical error in Notification No. 112/2021 regarding "Taxation and Other Laws". It corrects the name of a company from "276522 Ontario Limited" to "2726522 Ontario Limited". This seemingly minor correction is crucial for ensuring the accuracy and legal validity of the original notification and impacts any entity relying on accurate identification within that notification. **2. Introduction:** The purpose of this report is to provide a detailed analysis of Notification No. 116/2021, a corrigendum issued by the CBDT, based solely on the information contained within the provided policy text. The report aims to inform stakeholders about the nature and implications of this specific correction. **3. Policy Overview:** * **Amendment:** This notification is a corrigendum, meaning it's an amendment to a previous notification, specifically Notification No. 112/2021 dated September 16, 2021, published as S.O. 3801(E). * **Core Objective(s):** The objective of the *corrigendum* is to rectify an error in the original notification, ensuring the accuracy of the information contained within it. The text does not state the objectives of the original policy. **4. Background and Rationale:** The rationale for this amendment is to correct a typographical error. The company name was incorrectly recorded as "276522 Ontario Limited" in the original notification. The corrigendum rectifies this error, changing it to the correct name, "2726522 Ontario Limited." This correction is crucial for legal and administrative purposes, as incorrect information can lead to misinterpretations, legal challenges, and operational issues. **5. Key Provisions / Changes:** This notification functions *solely* as an amendment. * **Part of Original Policy Being Changed:** The corrigendum specifically amends "line 9 and 10" on "page 3" of the original notification (S.O. 3801(E)). * **New Rule/Provision:** The "new" provision is the corrected company name: "2726522 Ontario Limited". * **Difference/Effect of Change:** The change replaces the incorrect name "276522 Ontario Limited" with the correct name "2726522 Ontario Limited". The effect of this change is to ensure accuracy in legal and administrative contexts, preventing potential issues arising from the misidentification of the company. **6. Target Audience and Stakeholders:** The immediate target audience includes: * The named company, "2726522 Ontario Limited". * Any entity or individual relying on the accuracy of Notification No. 112/2021. This could include tax professionals, legal advisors, and government agencies involved in the implementation or enforcement of the taxation laws referenced in the original notification. * The CBDT and Department of Revenue staff responsible for administering and enforcing the related tax regulations. **7. Implementation Aspects (Inferred):** * **Responsible Agency/Bodies:** The CBDT, specifically the Tax Policy and Legislation Division (TPL), is responsible for issuing the corrigendum. The Dte. of Printing at Government of India Press and the Controller of Publications, Delhi, are involved in its publication and dissemination. * **Timelines/Procedures:** No specific timelines or procedures are outlined in this corrigendum text. However, the fact that a corrigendum was issued suggests an internal process for identifying and correcting errors. * **Specific to Changes:** The implementation of this change involves updating records and systems to reflect the corrected company name. All further actions related to the original notification should use the corrected name. **8. Expected Outcomes / Impact of Changes:** The primary intended outcome of this amendment is to ensure the accuracy and legal validity of the original notification. By correcting the company name, the corrigendum aims to prevent misinterpretations and legal challenges. The correction ensures that any actions taken based on the original notification are legally sound and accurately reflect the intended application to "2726522 Ontario Limited." **9. Conclusion:** Notification No. 116/2021 is a crucial corrigendum that rectifies a typographical error in Notification No. 112/2021, ensuring the accuracy of the company name "2726522 Ontario Limited." While seemingly minor, this correction is significant for maintaining the legal validity and preventing misinterpretations of the original notification. Its timely issuance demonstrates the CBDT's commitment to accuracy and transparency in its publications. It is critical that all stakeholders relying on the original notification are aware of this correction and update their records accordingly.

Key Entities Referenced