Revised Return Not Essential Before Appellate Authorities for Additional Tax Claims

Narayan Namdeo Kadam Vs ITO (ITAT Mumbai) The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT), in Narayan Namdeo Kadam v. ITO, held that appellate authorities are competent to entertain additional claims raised by an assessee even in the absence of a revised return, although such claims may require factual verification by the Assessing Officer (AO). The assessee filed the return of income for Assessment Year 2017-18 on 19 July 2017 declaring a total income of ₹23,32,600. The return was processed under Section 143(1) on 15 September 2018, determining the total income at ₹41,00,240 ...