Taxpayer is entitled to raise additional claims before appellate authority: ITAT Delhi

DCIT Vs Max Life Insurance Co. Ltd (ITAT Delhi)

ITAT Delhi held that taxpayer is entitled to raise additional claims before appellate authority hence claim for exemption under section 10(15)(iv)(h) for the first time vide additional ground is allowed and matter set aside to file of AO for examining the claim.

Facts- The matter involved here is vide additional ground of appeal, the assessee made a claim for exemption under section 10(15)(iv)(h) in respect of interest income which accrued to it on account of its investments in the redeemable non-convertible bo

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