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Income Tax - Highlights / Catch Notes

Home Highlights October 2017 Year 2017 This

Disallowance of deduction u/s. 54B - Belated filing of return - ...


Section 54B Deduction Allowed Despite Late Filing Due to Extension u/s 139(4) Provisions.

October 6, 2017

Case Laws     Income Tax     AT

Disallowance of deduction u/s. 54B - Belated filing of return - Due date for furnishing the return of income as per section 139(1) is subject to the extended period provided u/s 139(4) - exemption allowed.

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