Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2015 (3) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2015 (3) TMI 579 - CALCUTTA HIGH COURTEntitlement to deduction under section 80-IB(10) - assessee is engaged in the business of construction of housing projects - return was not filed on or before the due date specified under section 139(1)by assessee - Held that:- Benefit can only be availed of by the assessee if he has filed his return on time. If he has not filed his return on time, the benefits cannot be claimed. The benefit, in the present case, can only be claimed in case of fulfilment of the pre-conditions laid down under section 80AC of the Income-tax Act. When the pre-conditions have not been fulfilled, the benefit cannot be claimed. - Decided in favour of revenue.
|