Whether revised return filed u/s. 139(5) of the Income Tax Act, 1961 not considered as return filed by the assessee under provisions of Section 139(1) of the IT Act, 1961
Last updated: 04 October 2022
Court :
ITAT Bangalore
Brief :
Since the CIT(A) has erred in holding that the assessee has not filed the return u/s 139(1) of the I.T. Act and denied the benefit u/s 115BAA of the I.T. Act, we reverse the decision of the CIT(A) on this point. Therefore, hold that the assessee is entitled to the benefit of section 115BAA of the I.T. Act. It is ordered accordingly.
Citation :
M/s. Ujjivan Small Finance Bank Limited Vs. The Assistant Director of Income-tax, CPC, Bengaluru. ITAT, Bangalore
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FCS Deepak Pratap Singh
Published in Income Tax
Views : 488
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