https://www.taxtmi.com/caselaws?id=373119 A bona fide statutory deduction claim under section 80IA may be entertained in appellate proceedings even if it was omitted from the original and section 153A returns, because tax must be assessed on the correct income. The appellate authority may direct allowance of the claim, but the quantum of deduction and compliance requirements, including supporting audit evidence, remain subject to verification by the Assessing Officer. A separate challenge that recomputation under section 143(3) read with section 153A required incriminating material failed, because the exercise was treated as a correction of computation rather than a fresh search-based addition. en-us Thu, 03 Jan 2019 00:00:00 +0530 Mon, 07 Jan 2019 12:25:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=373119 A bona fide statutory deduction claim under section 80IA may be entertained in appellate proceedings even if it was omitted from the original and section 153A returns, because tax must be assessed on the correct income. The appellate authority may direct allowance of the claim, but the quantum of deduction and compliance requirements, including supporting audit evidence, remain subject to verification by the Assessing Officer. A separate challenge that recomputation under section 143(3) read with section 153A required incriminating material failed, because the exercise was treated as a correction of computation rather than a fresh search-based addition. Case-Laws Income Tax Thu, 03 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=373119