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Income Tax - Highlights / Catch Notes

Home Highlights December 2019 Year 2019 This

Not accepting the revised return of income and disallowing the ...


Tax Authority Rejects Revised Income Return; Dispute Over Section 139(3) and 139(5) Revision Eligibility.

December 23, 2019

Case Laws     Income Tax     AT

Not accepting the revised return of income and disallowing the claim of loss - Submission of return for losses - there is no specific denial u/s 80 that the return filed u/s 139(3), which is considered the return filed u/s 139(1), cannot be revised u/s 139(5).

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