𝐀𝐧𝐲 𝐜𝐥𝐚𝐢𝐦 𝐦𝐚𝐝𝐞 𝐢𝐧 𝐭𝐡𝐞 𝐫𝐞𝐯𝐢𝐬𝐞𝐝 𝐫𝐞𝐭𝐮𝐫𝐧 𝐩𝐨𝐬𝐭 𝐭𝐡𝐞 𝐝𝐮𝐞 𝐝𝐚𝐭𝐞 𝐨𝐟 𝐟𝐢𝐥𝐢𝐧𝐠 𝐭𝐡𝐞 𝐫𝐞𝐯𝐢𝐬𝐞𝐝 𝐫𝐞𝐭𝐮𝐫𝐧 𝐜𝐚𝐧𝐧𝐨𝐭 𝐛𝐞 𝐜𝐨𝐧𝐬𝐢𝐝𝐞𝐫𝐞𝐝 𝐛𝐲 𝐭𝐡𝐞 𝐀𝐬𝐬𝐞𝐬𝐬𝐢𝐧𝐠 𝐎𝐟𝐟𝐢𝐜𝐞𝐫

In the case of Shriram Investments v/s CIT, Chennai [Civil Appeal 6274 of 2013], Hon’ble Supreme Court held that any claim made in the revised return filed under section 139(5) of the Income-tax Act post the due date of filing the revised return cannot be considered by the Assessing Officer.

Further, the Hon’ble Court relied upon the decision in Goetzge (India) Limited v/s CIT [(2006) 157 Taxmann 1 (SC)] and PCIT & Anr. v/s Wipro Limited [(2022) 446 ITR 1], which states that the 𝐭𝐚𝐱 𝐚𝐮𝐭𝐡𝐨𝐫𝐢𝐭𝐢𝐞𝐬 𝐜𝐚𝐧𝐧𝐨𝐭 𝐞𝐧𝐭𝐞𝐫𝐭𝐚𝐢𝐧 𝐜𝐥𝐚𝐢𝐦𝐬 𝐦𝐚𝐝𝐞 𝐨𝐮𝐭𝐬𝐢𝐝𝐞 𝐭𝐡𝐞 𝐯𝐚𝐥𝐢𝐝 𝐫𝐞𝐭𝐮𝐫𝐧 𝐟𝐢𝐥𝐞𝐝 & 𝐨𝐮𝐭𝐬𝐢𝐝𝐞 𝐭𝐡𝐞 𝐩𝐫𝐨𝐯𝐢𝐬𝐢𝐨𝐧𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐈𝐧𝐜𝐨𝐦𝐞-𝐭𝐚𝐱 𝐀𝐜𝐭 and they had also rejected the ruling of Wipro Finance Limited [2022 (137) Taxmann 230 (SC)] relied upon by the Appellant on the basis that 𝐬𝐮𝐜𝐡 𝐫𝐮𝐥𝐢𝐧𝐠 𝐰𝐚𝐬 𝐧𝐨𝐭 𝐚𝐩𝐩𝐥𝐢𝐜𝐚𝐛𝐥𝐞 𝐭𝐨 𝐭𝐡𝐞 𝐟𝐚𝐜𝐭𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐜𝐚𝐬𝐞 𝐚𝐬 𝐢𝐭 𝐰𝐚𝐬 𝐜𝐨𝐧𝐜𝐞𝐫𝐧𝐞𝐝 𝐰𝐢𝐭𝐡 𝐭𝐡𝐞 𝐩𝐨𝐰𝐞𝐫𝐬 𝐨𝐟 𝐀𝐩𝐩𝐞𝐥𝐥𝐚𝐭𝐞 𝐓𝐫𝐢𝐛𝐮𝐧𝐚𝐥 𝐭𝐨 𝐚𝐝𝐦𝐢𝐭 𝐭𝐡𝐞 𝐜𝐥𝐚𝐢𝐦 𝐚𝐟𝐭𝐞𝐫 𝐚 𝐭𝐢𝐦𝐞 𝐛𝐚𝐫𝐫𝐞𝐝 𝐫𝐞𝐯𝐢𝐬𝐞𝐝 𝐫𝐞𝐭𝐮𝐫𝐧 𝐧𝐨𝐭 𝐭𝐡𝐞 𝐭𝐚𝐱 𝐚𝐮𝐭𝐡𝐨𝐫𝐢𝐭𝐢𝐞𝐬 𝐩𝐨𝐰𝐞𝐫.

𝐀𝐝𝐝𝐢𝐭𝐢𝐨𝐧𝐚𝐥𝐥𝐲, 𝐩𝐫𝐞𝐬𝐞𝐧𝐭 𝐜𝐚𝐬𝐞 𝐢𝐬 𝐬𝐩𝐞𝐜𝐢𝐟𝐢𝐜𝐚𝐥𝐥𝐲 𝐝𝐞𝐚𝐥𝐬 𝐰𝐢𝐭𝐡 𝐭𝐡𝐞 𝐜𝐥𝐚𝐢𝐦 𝐦𝐚𝐝𝐞 𝐩𝐨𝐬𝐭 𝐭𝐡𝐞 𝐝𝐮𝐞 𝐝𝐚𝐭𝐞 𝐨𝐟 𝐟𝐢𝐥𝐢𝐧𝐠 𝐭𝐡𝐞 𝐫𝐞𝐯𝐢𝐬𝐞𝐝 𝐫𝐞𝐭𝐮𝐫𝐧 𝐚𝐧𝐝 𝐧𝐨𝐭 𝐚𝐧𝐲 𝐜𝐥𝐚𝐢𝐦 𝐦𝐚𝐝𝐞 𝐝𝐮𝐫𝐢𝐧𝐠 𝐭𝐡𝐞 𝐀𝐬𝐬𝐞𝐬𝐬𝐦𝐞𝐧𝐭 𝐨𝐫 𝐀𝐩𝐩𝐞𝐥𝐥𝐚𝐭𝐞 𝐩𝐫𝐨𝐜𝐞𝐞𝐝𝐢𝐧𝐠𝐬 𝐩𝐨𝐬𝐭 𝐭𝐡𝐞 𝐝𝐮𝐞 𝐝𝐚𝐭𝐞 𝐨𝐟 𝐟𝐢𝐥𝐢𝐧𝐠 𝐫𝐞𝐯𝐢𝐬𝐞𝐝 𝐫𝐞𝐭𝐮𝐫𝐧.

The copy of the order is as under:

s Shriram Investments Vs The Commissioner of Income Tax IIIChennai