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CIT v. Malayala Manorama Co. Ltd. (2018) 409 ITR 358/257 Taxman 597 (Ker.)(HC)

S.143(3): Assessment – Revised return- Claim made under wrong provision , if necessary facts are available , the Assessing Officer can consider the claim though no revised return was filed-Alternative claim not raised in return can be claimed if necessary facts are on record. [ S.139(5) ]

Dismissing the appeal of the revenue the Court held that ; Claim made under wrong provision , if necessary facts are available , the Assessing Officer can consider the claim though no revised return was filed.  Alternative claim not raised in return can be claimed if necessary facts are on record. Followed CIT v. MR.P. Firm Muar ( 1965) 56 ITR 67 (SC) , CIT v. Mahalaxmi Sugar Mills Co Ltd ( 1986) 160 ITR 920 (SC)(AY.2004 -05)

(AY.2004 -05)