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E-ITR FORM MUST HAVE OPTIONAL SHEETS FOR EXPLANATIONS AND FURTHER CLAIMS FOR CONSIDERATION BY AO

Income Tax - By: - DEV KUMAR KOTHARI - Dated:- 19-3-2018 - E-ITR Forms: In this article E-ITR forms means Income Tax Return Forms which are to be filed electronically. Many assesses have to compulsorily file E-ITR in prescribed form. Tax laws are ver .....

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may not be any judicial precedence. Therefore, one has to rely on his own understanding with help of experts. On many issues difference of opinion prevails. Claim not made in ITR may not be entertained by AO Unless a claim is made in ITR or revised I .....

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udgment was for period when E-ITR was not in vogue but the same is applied even in case of E-ITR. In case of physical ITR one can add some sheets to submit explanations and to make further claims for consideration of the AO. However, in E-ITR there a .....

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s not free from doubt, it is desirable that assesse had an option to make explanation. In case of contentious issues it is desirable that assesse can put forth his submissions to substantiate his claim. Some claims are made with caution, because of n .....

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so harsh, therefore, unless an explanation is submitted, and a claim is disallowed, there are chances of penalty being levied. Extra sheets in E-ITR is desirable: In view of above discussions, it is desirable that in E-ITR assesse be provided option .....

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