Assessee claimed Deduction under Wrong Section,Tax Department can’t take advantage on the Right of Assessee: ITAT [Read Order]

Assessee - claimed - Deduction - under - Wrong - Section - Tax - Department - advantage - on - the - Right - of - Assessee - ITAT - TAXSCAN

The Rajkot bench of the Income Tax Appellate Tribunal(ITAT) has held that the tax Department can’t take advantage of the right of assessee when claiminga deduction under the wrong section. M/s. J. Doshi & Co., the assessee is a partnership firm engaged in the business of retail trading of iron bars and is being assessed…

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