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1 - 8 of 8 (0.25 seconds)Bimal Roy Soni, J L N Marg vs Dcit, Circle-1, Jaipur, N.C.R. ... on 28 March, 2023
9. Before parting, we may make it clear that our decision to restore the
matter back to the file of the ld. AO shall in no way be construed as having
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ITA No. 30/JP/2024
Jagdish Soni vs. DCIT
any reflection or expression on the merits of the dispute, which shall be
adjudicated by the ld. AO independently in accordance with law.
Section 80TTA in The Income Tax Act, 1961 [Entire Act]
The Code of Civil Procedure, 1908
Section 80AC in The Income Tax Act, 1961 [Entire Act]
The Income Tax Act, 1961
Goetze (India) Ltd. vs Cit on 24 March, 2006
In
this regard reliance is placed on the decision of Hon'ble Supreme Court in the
case of Goetz (India) Limited vs. Commissioner of Income Tax, (2006) 284 ITR
323 (SC) wherein it was held that the assessee cannot claim deduction other than
by filing of revised return. In this case the appellant has not claimed deduction of
Rs.1,50,000/- u/s. 80C, deduction of Rs. 10,000/- u/s. 80TTA and also the
standard deduction of Rs.50,000/- by filing the revised return of income.
Therefore, the ground Nos. 1, 2, 3 & 4 of appeal taken by the appellant are
dismissed."
M/S. B.L. Kashyap & Sons Ltd., New Delhi vs Dcit, New Delhi on 30 September, 2020
Undisputedly, assessing is earning income from Salary and there is standard
deduction of Rs.50000/- from the income of salary under the taxation of Normal
Scheme. As the assessing officer has not given the benefit of taxation under New
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ITA No. 30/JP/2024
Jagdish Soni vs. DCIT
tax regime u/s 115BAC and make the assessment under the normal provisions, it
was the duty of the A.O. to give standard deduction of Rs.50000/-
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