disallowance of interest expenses,
disallowance of consultancy expenses and disallowance us
80C/80D of the Act. Revenue has taken the grounds
challenging the deletion made ... interest expenses, disallowance of
consultancy expenses, disallowance of deduction claimed
under Section 80C / 80D , addition on account of undisclosed
jewellery and unexplained purchase of Appeal
under Section 10 (10-A A) and (2) regarding deduction under Section 80C in respect of investments made in National Savings Certificates.
2. Briefly ... leave encashment under Section 10 (10-AA), then benefit of Section 80C should be allowed to the assessee in respect of provident fund
disallowance of interest expenses, disallowance of
consultancy expenses and disallowance us 80C/80D of the Act. Revenue
has taken the grounds challenging the deletion made ... interest expenses, disallowance
of consultancy expenses, disallowance of deduction claimed under Section
80C / 80D , addition on account of undisclosed jewellery and unexplained
purchase of Appeal
erred in not
allowing the deduction under section 80C and exemption section 10 claimed by the
appellant during the appellate proceedings. Such claim be allowed ... that the Ld. CIT has erred in
disallowing the deduction under section 80C and exemption under section 10 by stating
that the return
plan no. 181) policy has not claimed as
deduction u/s 80C as it was submitted that deduction u/s 80C ... authorized representative assured particulars of not
claiming deduction u/s 80C in respect of premium paid on life pension policy will
be furnished immediately after
plan no. 181) policy has not claimed as
deduction u/s 80C as it was submitted that deduction u/s 80C ... authorized representative assured particulars of not
claiming deduction u/s 80C in respect of premium paid on life pension policy will
be furnished immediately after
assessee with her
husband. The assessee has claimed deduction u/s 80C of 1961 Act for
repayment of housing loan availed for purchasing
residential flat ... perverse finding of fact
that the assessee claimed deduction u/s 80C of the 1961 Act with
respect to housing loan repayment
issue of LTCG and excess
allowance of deduction under section 80C, proceedings u/s 263 were
Page 1 of 8
initiated ... account of capital gains and (b) excess
deduction under section 80C of the Act.
4. The AR, then perused the issue of capital gains, wherein
premium paid by her on the policy taken by her under section 80C of the Act and only the balance was to be included ... respect of the income of the wife are the deductions under section 80C . These deductions arise only after the computation of the gross total income
housing loan interest of ₹1,50,000/- and deduction
under Section 80C for housing loan repayment of ₹71,398/-, without
appreciating that the Appellant ... husband,
Niranjan Mehta. The assessee claimed deduction under section 24 &
80C . The assessee claimed deduction of interest of Rs. 1,50,000/- on
housing
