Rectification u/s 154 - claim the allowance of 50% of the ...

Assessee's Section 154 rectification request for 50% expense claim denied; issue not pursued in original appeal.

December 9, 2022

Case Laws Income Tax AT

Rectification u/s 154 - claim the allowance of 50% of the expenses against the commission income - Since the assessee has himself not pressed the issue as to allowability of 50% of the expenses against the income earned in the original appeal filed before the Tribunal vide appeal for for A.Y. 2004-05 to A.Y 2010-11 decided against which miscellaneous application has also been dismissed, he is not entitled to re-agitate the same issue before the Tribuanl under the garb of filing application under section 154 of the Act before the AO and then filling the appeal before the Ld. CIT(A) and the Tribunal. - AT

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Rectification u/s 154 - claim the allowance of 50% of the ...

Assessee's Section 154 rectification request for 50% expense claim denied; issue not pursued in original appeal.

December 9, 2022

Case Laws Income Tax AT

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