Claims not made in ROI can be made before & entertained by appellate authorities

IN THE ITAT MUMBAI BENCH ‘K’ Givaudan Flavours (India) (P.) Ltd. versus Deputy Commissioner of Income-tax – 1(3), Mumbai Rajendra Singh, ACCOUNTANT MEMBER AND VIJAY PAL RAO, JUDICIAL MEMBER IT Appeal No. 3925 (Mum.) of 2012 [ASSESSMENT YEAR 2007-08] JANUARY  30, 2013 ORDER Rajendra Singh, Accountant Member This appeal by the assessee is directed against the order dated 19.3.2012 of CIT(A) for the assessment year 20027-08. The disputes raised by the assessee in this appeal relate to transfer pricing adjustment and allowability of claim of bad debt. 2. We first t...