https://www.taxtmi.com/caselaws?id=312137 The ITAT ruled that the Assessing Officer (AO) was unjustified in considering the original return of income instead of the revised return, which was filed within the statutory period. The AO should have assessed the income based on the revised return, as the appellant satisfactorily addressed issues during scrutiny. The ITAT set aside the Commissioner of Income Tax (Appeals) decision, directing the AO to accept the revised return for assessment, deeming the original return's consideration as unwarranted. en-us Mon, 09 Jan 2023 00:00:00 +0530 Fri, 02 Feb 2024 21:38:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=312137 The ITAT ruled that the Assessing Officer (AO) was unjustified in considering the original return of income instead of the revised return, which was filed within the statutory period. The AO should have assessed the income based on the revised return, as the appellant satisfactorily addressed issues during scrutiny. The ITAT set aside the Commissioner of Income Tax (Appeals) decision, directing the AO to accept the revised return for assessment, deeming the original return's consideration as unwarranted. Case-Laws Income Tax Mon, 09 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=312137