TMI Blog2012 (11) TMI 1156X X X X Extracts X X X X X X X X Extracts X X X X ..... This appeal by the assessee is directed against the order of ld. CIT(A)-1, Agra dated 30.11.2011 for the assessment year 2008-09, challenging the order u/s. 154 of the IT Act. 2. The ld. CIT(A) observed that in the return of income, no claim was made by the assessee for deduction of housing loan interest and it has also been found that his return of income was processed u/s. 143(1)(a) and, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... f deduction of housing interest, but no such revised return was filed in this case. Therefore, the order of the AO u/s. 154 dated 29.10.2010 was confirmed and the appeal of the assessee has been dismissed. 3. The ld. Counsel for the assessee submitted that though the assessee has shown net income at ₹ 4,14,270/- in the return of income, but in Schedule-E, the assessee has claimed exempt ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 4.1 The assessee admittedly, filed the return of income for the assessment year under appeal showing total net income at ₹ 4,14,270/- and the computation of income is verified by the assessee by appending his signature to such statement. The AO processed this return of income u/s. 143(1) accepting the returned total income at ₹ 4,14,270/-. As per the above provisions contained u/s ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... robe the facts from the return of income while processing the return of income u/s. 143(1). Since, no claim of deduction of interest on housing loan has been made in the return of income and AO accepted the return of income filed by the assessee as it is, therefore, there was no mistake apparent on record of the Revenue Department. Thus, rectification application u/s. 154 was not maintainable in t ..... X X X X Extracts X X X X X X X X Extracts X X X X
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