Un-necessary disputes and litigation by revenue on aspect of filing of prescribed forms:–now Supreme Court decided issue in favour of assessee – let us hope revenue will follow judgment and will not distinguish facts based on prescribed form - its number, name or contents and purposes https://www.taxtmi.com/article/detailed?id=6537 Delay or omission in filing prescribed forms is a procedural lapse that is typically curable; tax authorities should assess entitlement based on the substantive claim and supporting evidence, including accountant verification, rather than deny deductions solely for late submission. The timing of form submission-before, with, or after the return, or during assessment-generally does not alter the authority's ability to examine the claim. en-us Sat, 21 Nov 2015 10:23:27 +0530 Sat, 21 Nov 2015 10:23:27 +0530 TaxTMI RSS Generator Un-necessary disputes and litigation by revenue on aspect of filing of prescribed forms:–now Supreme Court decided issue in favour of assessee – let us hope revenue will follow judgment and will not distinguish facts based on prescribed form - its number, name or contents and purposes https://www.taxtmi.com/article/detailed?id=6537 Delay or omission in filing prescribed forms is a procedural lapse that is typically curable; tax authorities should assess entitlement based on the substantive claim and supporting evidence, including accountant verification, rather than deny deductions solely for late submission. The timing of form submission-before, with, or after the return, or during assessment-generally does not alter the authority's ability to examine the claim. Articles Income Tax Sat, 21 Nov 2015 10:23:27 +0530 https://www.taxtmi.com/article/detailed?id=6537