16 August 2010
Yes. If proper evidence is presented before Assessing Officer he can allow deduction/exemption even if same is not claimed by assessee by mistake in his return.
16 August 2010
The alternative is to just revise the return as & when , the mistake in the ITR gets noticed.
If it gets noticed after the issue of assessment order, then obviously, you have to produce ample evidence before the AO for claiming additional deduction or exemption.
17 August 2010
can i get the section under which AO can allow such deduction? In addition,is there any amendment in the act wherein AO cannot allow deduction if not filed in return?
CAclubindia
