https://www.taxtmi.com/caselaws?id=65720 The Appellate Tribunal upheld the AAC's decision in dismissing the Departmental appeals regarding the denial of standard deductions under s. 16(i) for the assessment years 1975-76 and 1976-77. The Tribunal emphasized that changing the head of income after assessment would require allowing all admissible deductions under s. 37(1), which would exceed the standard deductions claimed. It was held that the assessee, a practicing advocate, should be entitled to deductions under s. 37(1) if the income was considered professional, and the Department's attempt to deny standard deductions was deemed inappropriate. en-us Wed, 21 Feb 1979 00:00:00 +0530 Fri, 18 Feb 2011 14:46:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=65720 The Appellate Tribunal upheld the AAC's decision in dismissing the Departmental appeals regarding the denial of standard deductions under s. 16(i) for the assessment years 1975-76 and 1976-77. The Tribunal emphasized that changing the head of income after assessment would require allowing all admissible deductions under s. 37(1), which would exceed the standard deductions claimed. It was held that the assessee, a practicing advocate, should be entitled to deductions under s. 37(1) if the income was considered professional, and the Department's attempt to deny standard deductions was deemed inappropriate. Case-Laws Income Tax Wed, 21 Feb 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=65720