Assessee not entitled to claim any fresh deduction for completed assessments in return filed u/s 153A

Brief of the Case ITAT Pune held In the case of M/s. D.J. Malpani vs. ACIT that in respect of the assessments which are completed prior to the date of search, no fresh claim of deduction can be made by the assessee. Therefore in the given case, assessee is not entitled to make a fresh claim in the return filed u/s.153A when no such claim was made in the original return of income has to be upheld. However in case the assessment is pending on the date of search, the assessee can claim the deduction in return filed in response to notice u/s 153A. In this case it will be irrelevant that no claim w...