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Income Tax - Highlights / Catch Notes

Home Highlights July 2012 Year 2012 This

Admissibility of claim of deduction not made in the original ...


Appellate Authorities Can Permit or Deny Additional Section 43B Deduction Claims Not in Original or Revised Tax Return.

July 7, 2012

Case Laws     Income Tax     HC

Admissibility of claim of deduction not made in the original return and not supported by a revised return - deduction u/s 43B - The appellate authorities have the discretion whether or not to permit such additional claims to be raised. - HC

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