Assessee eligible to file rectification application if he failed to claim statutory deduction while filing ITR: ITAT

INCOME TAX : Where assessee received compensation on compulsory acquisition of his land, but failed to claim statutory deduction in respect of interest on compensation in his return and filed rectification application, since, assessee had in his return duly reflected interest on compensation qua compulsory acquisition of his agricultural land, failure on his part to raise a claim for deduction under section 57(iv),

from www.taxmann.com Latest Case Laws https://ift.tt/x0HLDyFrd
via IFTTT

• Tweet
• Share
• Share
• Share
• Share

Sign up here with your email