PCIT Directs AO to grant 80P Deduction without Proper Claim: ITAT nullifies Revision Order [Read Order]

No claim for Section 80 (2) (a) (i) of Income Tax Act deduction on income from other sources in schedule 7

By Aiswarya Krishnadas - On March 10, 2024 5:01 pm - 2 mins read

PCIT Directs AO - 80P Deduction - Proper Claim - ITAT - Revision Order -TAXSCAN

The Bangalore Bench of the Income Tax Appellate Tribunal (ITAT) has invalidated a revision order issued by the Principal Commissioner of Income Tax (PCIT), which directed the Assessing Officer (AO) to grant an 80P deduction without a proper claim. In the case, the National e-assessment Centre, Delhi, issued an assessment order under Section 143(3) read…

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