Assessee failed to Submit details: ITAT Restores Section 54F Deduction Matter

Salma Ahmed Vs ITO (ITAT Chennai)

Introduction: A recent appeal case from Salma Ahmed against ITO has shed light on the importance of furnishing complete details when claiming capital gain deductions under section 54F of the Income Tax Act. The ITAT Chennai has emphasized the rights of the assessee and the principles of natural justice.

Details on the Original Order: Salma Ahmed made a late return filing for the assessment year 2016-17 on 31.03.2018, procl

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