Additional Deduction Claimable Under Section 80JJAA After Return Filing

Jaquar and Company P. Ltd Vs DCIT (ITAT Delhi) ITAT Delhi held that the assessee is entitled to make additional claim of deduction u/s. 80JJAA of the Income Tax Act on the strength of judgment of Hon’ble High Court of Karnataka even though the same was not included while filing return of income. Facts- This appeal is preferred by the assessee contesting that CIT(A) has erred in law and on facts in not allowing further deduction of Rs. 76,28,552/- under Section 80JJAA of the Income Tax Act,1961 as claimed by the assessee for the first time before CIT(A). Conclusion- In a case where the assess...