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Income Tax - Highlights / Catch Notes

Home Highlights July 2015 Year 2015 This

If the assessee is, otherwise, entitled to a claim of deduction ...


Taxpayers Can Claim Missed Deductions Before Appellate Authority Even If Initially Unclaimed in Tax Return.

July 25, 2015

Case Laws     Income Tax     AT

If the assessee is, otherwise, entitled to a claim of deduction but due to his ignorance or for some other reason could not claim the same in the return of income, but has raised his claim before the appellate authority, the appellate authority should have looked into the same. The assessee cannot be burdened with the taxes which he otherwise is not liable to pay under the law. - AT

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