High Court Confirms Additional Tax on Assessee's Unpermitted Deductions u/s 143(1)(a) of Income Tax Act.

High Court Confirms Additional Tax on Assessee's Unpermitted Deductions u/s 143(1)(a) of Income Tax Act. https://www.taxtmi.com/highlights?id=5550 Additional tax u/s 143(1)(a) - assessee claimed deduction, which were not permissible, and thereby not only tried to reduce the income to Nil, but also to carry forward the loss. - additional tax confirmed. - HC en-us Mon, 24 Sep 2012 12:40:02 +0530 Mon, 24 Sep 2012 12:40:02 +0530 TaxTMI RSS Generator High Court Confirms Additional Tax on Assessee's Unpermitted Deductions u/s 143(1)(a) of Income Tax Act. https://www.taxtmi.com/highlights?id=5550 Additional tax u/s 143(1)(a) - assessee claimed deduction, which were not permissible, and thereby not only tried to reduce the income to Nil, but also to carry forward the loss. - additional tax confirmed. - HC Highlights Income Tax Mon, 24 Sep 2012 12:40:02 +0530 https://www.taxtmi.com/highlights?id=5550