https://www.taxtmi.com/caselaws?id=61601 The Tribunal upheld the decision of the CIT(A) and dismissed the appeal, ruling that the revised return filed after the prescribed time limit under section 139(5) of the IT Act was non est in the eyes of the law. The appellant's arguments regarding the validity of the revised return for claiming deductions were rejected, emphasizing the importance of adhering to statutory timelines for filing revised returns. The Tribunal found the case laws cited were not applicable to the current situation, highlighting the need to consider specific legal provisions in each case. en-us Mon, 11 Apr 2005 00:00:00 +0530 Wed, 18 Jul 2012 17:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=61601 The Tribunal upheld the decision of the CIT(A) and dismissed the appeal, ruling that the revised return filed after the prescribed time limit under section 139(5) of the IT Act was non est in the eyes of the law. The appellant's arguments regarding the validity of the revised return for claiming deductions were rejected, emphasizing the importance of adhering to statutory timelines for filing revised returns. The Tribunal found the case laws cited were not applicable to the current situation, highlighting the need to consider specific legal provisions in each case. Case-Laws Income Tax Mon, 11 Apr 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=61601