#Section 139(5)
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119 articlesIncome Tax

Income Tax
Revised ITR u/s 139(5) was allowed only for errors in the original return
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Assessment Order Set Aside for Ignoring Valid Revised Return Filed Within Time
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Set-Off of Capital Loss Beyond 8 Years Denied; 50% Deduction on Interest Allowed: ITAT Panaji
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ITAT Bangalore Quashes U/s 143(3) Assessment for Want of U/s 153C Jurisdiction
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Reassessment Quashed as Year of Search Cannot Be Reopened Under Section 148
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Late Form 10B Filing Insufficient to Deny Section 11 Exemption: ITAT Ahmedabad
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Bombay HC directs Income Tax department to allow lawful claims in e-filing utility
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Once Limitation Ends, TPO Route Cannot Extend Assessment Time
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filing of Audit report in form 10B is directory is nature & not mandatory- Delay condoned
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AO Cannot Blow Hot & Cold—TDR Allowed; Penalty Deleted; Interest Disallowance Gone
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Mistaken TAR Upload Costs Assessee – But ITAT Gives Fresh Chance to Prove Facts
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Late Claim Withdrawal or Fresh Claims via Time-Barred Revised Return not allowed: SC
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No Hypothetical Income Can Be Taxed: Bombay HC on Cancelled Land Sale Agreements
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Income Tax
