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
deduction claimed u/s 80C by revised return on the incorrect ground that
the same was not permissible under law because it was not claimed ... such non allowance of the claim of the
assessee u/s 80C is based on erroneous views and / or non-appreciation of
the facts
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
that while computing taxable salary, the assessee
was deducting u/s. 80C of the Act, contributions to unrecognized Provident Fund.
According to the Assessing Officer ... contributions to unrecognized Provident
Fund were not eligible for deduction u/s. 80C of the Act. Further, the Assessing
Officer held that interest accrued
disallowed the claim of the
assessee by Rs.1 lac u/s 80C and Rs.64,185/- u/s 80G by disallowing such claim ... claim of the assessee for deduction u/s 80IC
and 80C of the Act.
5. It is the argument of the learned AR that both
addition of
Rs.12,346/- for disallowance of deduction u/s 80C for the
repayment of house loan.
27. We have heard the rival contentions ... loan further
observed that the assessee has also claimed deduction u/s
80C of the Act for payment of principal amount of housing
loan
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
towards interest on FDR at
Rs.8,504/- and disallowance u/s 80C at Rs.4,746/- was made.
Assessment ... unjustified.
7. That the disallowance of deduction of Rs.4746/- u/s 80C is also illegal,
wrong and bad in law.
8. That the appellant
stated that assessee has claimed
deduction of Rs. 3820 u/s. 80C of the act. During the course of assessment, the assessee
was asked ... produce the evidence in support of claim of deduction u/s. 80C . However,
the assessee has not furnished any supporting evidence, therefore, the assessing officer
2018
Neelima Raizada
appellant under section 80C of the Income Tax Act, 1961
in respect of payment of Premium of Life Insurance
Policy ... basis of Form No. 26AS and deduction claimed
u/s 80C of the Income Tax Act, 1961 (hereinafter referred to as the
Act), not allowed
