{"id":42021,"date":"2024-05-04T12:04:52","date_gmt":"2024-05-04T06:34:52","guid":{"rendered":"https:\/\/itatonline.org\/digest\/abci-infrastructure-p-ltd-v-asst-cit-2023-154-taxmann-com-397-104-itr-95-guwahati-trib\/"},"modified":"2024-05-04T12:04:52","modified_gmt":"2024-05-04T06:34:52","slug":"abci-infrastructure-p-ltd-v-asst-cit-2023-154-taxmann-com-397-104-itr-95-guwahati-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/abci-infrastructure-p-ltd-v-asst-cit-2023-154-taxmann-com-397-104-itr-95-guwahati-trib\/","title":{"rendered":"ABCI Infrastructure P. Ltd. v. Asst. CIT (2023) 154 taxmann.com 397 \/104 ITR 95 (Guwahati) (Trib)"},"content":{"rendered":"<p>For the purpose of making an assessment u\/s.\u00a0153A\u00a0of the Act, it is mandatory for the Assessing Officer to allow the legally tenable deductions, allowances, claims of expenses, which have been claimed by the assessee in the returns of income filed u\/s.\u00a0153A\u00a0of the Act, even though these may not have been claimed by the assessee in its original return of income u\/s.\u00a0139(1)\u00a0of the Act. A return of income filed in response to notice u\/s.\u00a0153A\u00a0of the\u00a0Income-tax Act, 1961\u00a0is to be considered a return filed u\/s.\u00a0139\u00a0of the Act and for all other provisions of the Act, the return u\/s.\u00a0153A\u00a0of the Act will be treated as the original return u\/s.\u00a0139\u00a0of the Act. Once the Assessing Officer accepts the return filed u\/s.\u00a0153A\u00a0of the Act, the original return u\/s.\u00a0139\u00a0of the Act abates and becomes non-est. Where the audit report in form 10CCB is furnished on or before the time allowed for filing return of income in the notice issued u\/s.\u00a0153A\u00a0of the Act, form 10CCB is to be taken as filed on or before the time permitted u\/s.\u00a0139(1)\u00a0of the Act and thus deduction shall be allowed within the time u\/s.\u00a080IA(7)\u00a0read with Section\u00a080AC\u00a0of the Act.\u00a0 Followed,\u00a0 Shrikant Mohta v. CIT\u00a0<a href=\"http:\/\/www.taxlawsonline.com\/%5b2019%5d%20414%20ITR%200270\">[2019)\u00a0 414 ITR 270<\/a>\u00a0(Cal)(HC) \u00a0(AY. 2014-15, 2017-18, 2019-20)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 80AC: Return to be furnished-Audit report-Assessement-Search-A return of income filed in response to notice u\/s. 153A of the Income-tax Act, 1961 is to be considered a return filed u\/s. 139 of the Act and for all other provisions of the Act, the return u\/s. 153A of the Act will be treated as the original return u\/s. 139 of the Act-Deduction not to be allowed unless return furnished.[S.139 (1), 153A,Form,10CCB]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-42021","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-aVL","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/42021","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=42021"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/42021\/revisions"}],"predecessor-version":[{"id":42022,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/42021\/revisions\/42022"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=42021"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=42021"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=42021"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}