Revised income tax return invalid u/s 139(5) as original wasn't filed per Sections 139(1) or 142(1).

Revised income tax return invalid u/s 139(5) as original wasn't filed per Sections 139(1) or 142(1). https://www.taxtmi.com/highlights?id=65618 Validity of revised return filed vis-a-vis claims made thereunder - revised return treated as non-est - the appellant filed his original return otherwise than u/s 139(1) or 142(1), the revised return filed u/s 139(5) of the Act became non-est in the eyes of law, consequently the claim of capital loss made by the appellant in his revised return. - AT en-us Wed, 14 Sep 2022 09:22:52 +0530 Wed, 14 Sep 2022 09:22:52 +0530 TaxTMI RSS Generator Revised income tax return invalid u/s 139(5) as original wasn't filed per Sections 139(1) or 142(1). https://www.taxtmi.com/highlights?id=65618 Validity of revised return filed vis-a-vis claims made thereunder - revised return treated as non-est - the appellant filed his original return otherwise than u/s 139(1) or 142(1), the revised return filed u/s 139(5) of the Act became non-est in the eyes of law, consequently the claim of capital loss made by the appellant in his revised return. - AT Highlights Income Tax Wed, 14 Sep 2022 09:22:52 +0530 https://www.taxtmi.com/highlights?id=65618