IT deduction cannot be claimed during section 153A Assessment if not claimed in original assessment proceedings

GMR Infrastructure Limited Vs DCIT (Karnataka High Court) In GMR Infrastructure Ltd. v. the Deputy Commissioner of Income Tax [ITA No. 1036 of 2017 decided on July 6, 2021] GMR Infrastructure Ltd. (Appellant) filed an appeal against order by ITAT, Bangalore w.r.t. to the issue that whether the Appellant is entitled to raise a fresh claim during the assessment proceeding under Section 153A of the Income Tax Act, 1961 (IT Act) pursuant to search action under Section 132 of the IT Act. ITAT, Bnagalore– Relied on the decision of Rajasthan High Court in Jai Steels (India) Jodhpur c. ACIT [36 ...