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Income Tax - Highlights / Catch Notes

Home Highlights February 2020 Year 2020 This

Claim of expenditure in the revised return - Once, the assessee ...

Income Tax

February 12, 2020

Claim of expenditure in the revised return - Once, the assessee has realized that the claim was wrongly not made, the assessee has every right to revise the return indicating correct taxable income. What is to be examined is whether the claim of the assessee is correct or not but not whether the correct claim is filed with the original return or revised return.

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