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Income Tax - Highlights / Catch Notes

Home Highlights May 2015 Year 2015 This

Wrong section quoted while claiming deduction u/s 54 - merely ...


Tax Deduction Denied Due to Wrong Section Cited, Decision Emphasizes Allowable Deductions Shouldn't Be Denied for Errors.

May 4, 2015

Case Laws     Income Tax     AT

Wrong section quoted while claiming deduction u/s 54 - merely because the assessee had made a claim under a wrong section instead of the correct section, the same, should not be a ground to deny the benefit of deduction otherwise allowable to the assessee. - AT

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