Karnataka HC Dismisses Revenue Appeal as Fresh Claim Can Be Raised Before CIT(A)

PCIT Vs Karnataka State Co-Operative Federation Ltd. (Karnataka High Court) The Karnataka High Court considered an appeal filed by the Revenue under Section 260A of the Income Tax Act concerning Assessment Year 2010-11. The substantial question of law was whether a fresh claim raised by an assessee before the Commissioner of Income Tax (Appeals) could be entertained when the claim had not been made in the original return of income and no revised return had been filed. The assessee, a co-operative society established by the Government of Karnataka, had filed its return of income. While processi...