Revised return: Taking a contrary stand for claiming exemption which is specifically claimed earlier in original return of income is not permissible.
Recently, Supreme Court in case of PCIT v. Wipro Ltd (SLP (Civil) No. 7620/2021) has held that filing ...
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Posts tagged "whether revised"
Exemption which was specifically not claimed earlier while filing the original return of income is not permissible in Revised Return: Supreme Court
Exemption which was specifically not claimed earlier while filing the original return of income is not permissible in Revised Return: Supreme Court
Here is a landmark order by the Hon’ble Supreme Court on the scope of the Revised Return.
The issue ...
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Revised return cannot transform original return in to a return U/s 139(3) so as to avail the benefit of carrying forward or set-off of any loss
Revised return cannot transform original return in to a return U/s 139(3) so as to avail the benefit of carrying forward or set-off of any loss
Recently, Supreme Court in case of PCIT v. Wipro Ltd (SLP (Civil) No. 7620/2021) ...
Read More