ITAT’s Powers to Admit Claim Otherwise than by Revised Return

Navneet Dutta Vs ITO (ITAT Delhi)

Assessee filed his original return of income on 10.01.2012 for the AY 2011-12 and in the said return due to clerical/typographical error, the assessee could not claim loss from house property. Later on the assessee revised the return of income on 18.06.2012.

Assessee has filed rectification application u/s 154 and the AO held that Since the original returns was filed after the due date so the same cannot be revised. Hence, the loss from h

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