Claim of exemption u/s 11 while filing return u/s 147 - no ...

Taxpayer Entitled to Exemption u/s 11; AO Wrong to Deny Benefit Without Specific Provision Barring Claim.

July 16, 2019

Case Laws Income Tax AT

Claim of exemption u/s 11 while filing return u/s 147 - no return originally filed - the income has to be computed on the basis of such return in accordance with the provision of the Act, which of course will be subject to any specific provision in the Act which itself bars a claim or an exemption - AO was not justified in denying the benefit of the exemption u/s 11

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Claim of exemption u/s 11 while filing return u/s 147 - no ...

Taxpayer Entitled to Exemption u/s 11; AO Wrong to Deny Benefit Without Specific Provision Barring Claim.

July 16, 2019

Case Laws Income Tax AT

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