Deduction not allowed unless return furnished: Chapter VIA deductions require timely return filing to be claimable. Where, in computing the total income of an assessee for a previous year relevant to an assessment year commencing on or after the 1st day of April, 2018, any deduction under Chapter VIA under the heading 'C. - Deductions in respect of certain incomes' is admissible, no such deduction shall be allowed unless the assessee furnishes a return of income for that assessment year on or before the due date specified under sub section (1) of section 139. The amendment is effective from 1 April 2018 and applies to the assessment year 2018-2019 and subsequent years.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Deduction not allowed unless return furnished: Chapter VIA deductions require timely return filing to be claimable.
Where, in computing the total income of an assessee for a previous year relevant to an assessment year commencing on or after the 1st day of April, 2018, any deduction under Chapter VIA under the heading "C. - Deductions in respect of certain incomes" is admissible, no such deduction shall be allowed unless the assessee furnishes a return of income for that assessment year on or before the due date specified under sub section (1) of section 139. The amendment is effective from 1 April 2018 and applies to the assessment year 2018-2019 and subsequent years.
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