Section 80C Or 80TTA Deduction cannot be denied for deficiencies in ITR forms

Smt. Pashiben Prajapati Family Trust (DISC) Vs ITO (ITAT Ahmedabad) The Income Tax Appellate Tribunal (ITAT) in Ahmedabad addressed the tax treatment of the trust declared by Smt. Pashiben Shambhubhai Prajapati through her notarized will, dated July 21, 2006, which came into effect upon her death on October 2, 2006. This ruling focused on the application of Section 164(1) and the denial of Chapter VI-A deductions. Background of the Case The trust was set up to benefit Smt. Pashiben’s two sons—Shri Dhulabhai Shambhubhai Prajapati and Shri Ashokbhai Shambhu Prajapati—along with their wives...