Unclaimed deduction can be claimed before assessing authority without filing revised return

Ajay Sharma S/o Sh. Bansi Dhar Sharma Vs JCIT (OSD) (ITAT Amritsar) The Life Insurance Premium Rs.17,770/- was not claimed during the filing of return and same for tuition fee and repayment of HBL amount of Rs.19,440/-and Rs.2996/- respectively. The copy of the receipts as proof of payments are enclosed in APB 15, 19, and 21. In case interest on HBL the deduction u/s 24B is fully allowed for the assessee, read with section 22 of the Act. The wife of the assessee is not an owner but a co-borrower. She is not eligible for claim of interest as per the Act. We direct the revenue to allow the balan...