https://www.taxtmi.com/caselaws?id=756119 An Assessing Officer cannot refuse a deduction merely because it was not separately debited in the return or profit and loss account when the Tribunal has already allowed the underlying claim on identical facts. The restriction against entertaining fresh claims applies at the assessment stage, but it does not permit the assessing authority to disregard a binding appellate direction. Once appellate relief has been granted, the consequential deduction must be implemented, and the disallowance cannot be sustained. en-us Thu, 18 Jul 2024 00:00:00 +0530 Fri, 26 Jul 2024 16:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=756119 An Assessing Officer cannot refuse a deduction merely because it was not separately debited in the return or profit and loss account when the Tribunal has already allowed the underlying claim on identical facts. The restriction against entertaining fresh claims applies at the assessment stage, but it does not permit the assessing authority to disregard a binding appellate direction. Once appellate relief has been granted, the consequential deduction must be implemented, and the disallowance cannot be sustained. Case-Laws Income Tax Thu, 18 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=756119