uncalled for because in support of
the claim of deduction u/s.80C of the Act assessee has filed
the copies of LIC premium receipts ... other documents to
prove the correctness of claim made u/s.80C of the Act.
3. So far as issue of unexplained expenditure is concerned
erred in not granting
deduction u/s.80C of Rs.1,50,000/-.
2] The ld.A.O. erred in not granting deduction ... Return. Ld.AR
submitted that Assessee is eligible for deduction u/s.80C of
Rs.1,50,000/- but the AO has not allowed
erred in not granting
deduction u/s.80C of Rs.1,50,000/-.
2] The ld.A.O. erred in not granting deduction ... Return. Ld.AR
submitted that Assessee is eligible for deduction u/s.80C of
Rs.1,50,000/- but the AO has not allowed
erred in law of disallowing the claim under Section 80C(2)(h) of the Income-tax Act, 1961.
2. The assessee is a salaried employee ... along with the return and claimed a deduction under Section 80C(2)(h)(ii) of the Act. The assessee had borrowed the money from HDFC
account at Rs.1,16,600/-; and
disallowance of deduction u/s.80C of the Act for Tuition
Fees ... Other issue relates to disallowance of deduction of
Tuition Fees u/s.80C of the Act at Rs.50,000/-. I note that
the assessee
expenses at Rs.3,18,459/- and deduction of claim u/s.80C of
the Act.
5. At the outset, ld. Counsel for the assessee ... Assessing Officer for carrying out necessary verification
about the deduction u/s.80C of the Act and so far as
remaining issues are concerned, assessee
BSNL Co-operative Credit
Society when such claim was allowable u/s 80C(xviii)(b) of the Income Tax
Act."
3. On the date ... purchase of house property and hence,
the principal amount claimed u/s 80C of the Act was disallowed by him.
3
ITA No.1441
Less :
Deduction under section 80C
1 ,628
under section 80L
3 ,000
4 ,628
3 , 94 ,910
Total income :
3,94,910
25. Aggrieved against
G.C. Bafna vs Deputy Commissioner Of Income Tax on 25 February, 2003
Equivalent citations
learned Assistant Commissioner was not justified in not allowing deduction under section 80C and also in not allowing rebate under section 88 wherever applicable ... therefore, be held that the appellant be granted deduction under section 80C rebate under section 88 in relevant years and he may also be granted
