Whether an assessee may file an updated return under Section...

Whether an assessee may file an updated return under Section 139(8A) once assessment proceedings are pending: the court interpreted clause (b) of the third proviso to s.139(8A) to allow no updated return for the relevant year where assessment/reassessment/recomputation or revision proceedings are pending or completed; therefore the AO correctly refused the updated ITR request after initiation of s.143(2)/assessment u/s 143(3) r/w s.144B and proceeded to disallow exemptions and deductions on merits - request rejected and assessment sustained; appellate remedy preserved. - HC

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