https://www.taxtmi.com/forum/issue?id=1601 Whether a revised computation may be submitted during assessment proceedings under Section 143(2) depends on competing authorities: one view requires a valid return or revised return to make additional claims before the AO, while another permits the AO to entertain additional claims if they are borne out of the records. Taxpayers should present claims in the computation or a covering letter; the AO may accept them but may treat any enhancement as escaped income, and an appellate authority may consider the claim if material was before the AO. en-us Thu, 12 Nov 2009 12:02:57 +0530 Thu, 23 Jan 2025 15:58:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=1601 Whether a revised computation may be submitted during assessment proceedings under Section 143(2) depends on competing authorities: one view requires a valid return or revised return to make additional claims before the AO, while another permits the AO to entertain additional claims if they are borne out of the records. Taxpayers should present claims in the computation or a covering letter; the AO may accept them but may treat any enhancement as escaped income, and an appellate authority may consider the claim if material was before the AO. Discussion-Forum Income Tax Thu, 12 Nov 2009 12:02:57 +0530 https://www.taxtmi.com/forum/issue?id=1601