Amendment to 6th proviso to section 139(1) applicable w.e.f. AY 2020-21

Smt. Ashaba Rajendrasinh Vs CIT (ITAT Rajkot) Ld. CIT(A) while rejecting the claim of the assessee observed that the assessee was mandatorily required to file the return of income for the year under consideration which he has failed to do. In that view of the matter the claim of deduction under section 54 has been rejected. On the other hand, the assessee’s contention is this that the amendment of this proviso of Section 139(1) is applicable w.e.f. assessment 2020-21 which is not applied in the case of the applicant. In this regard, he has drawn our attention to Page 132 of the Paper Book up...