https://www.taxtmi.com/caselaws?id=784847 Assessing consequences of filing an incorrect return form, the decision states that procedural defects cannot defeat substantive rights; therefore filing ITR-7 instead of ITR-5 does not automatically disallow expenditures lawfully incurred, and those expenditures remain allowable. The revenue is entitled only to lawfully recoverable tax, and the challengeto form selection does not negate entitlement to deductions. The matter is remitted for reassessment under the correct return classification, with directions for the taxpayer to file financial statements and for the assessing authority to re-do the assessment de novo after providing opportunity to be heard. en-us Wed, 24 Dec 2025 00:00:00 +0530 Mon, 12 Jan 2026 14:59:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=784847 Assessing consequences of filing an incorrect return form, the decision states that procedural defects cannot defeat substantive rights; therefore filing ITR-7 instead of ITR-5 does not automatically disallow expenditures lawfully incurred, and those expenditures remain allowable. The revenue is entitled only to lawfully recoverable tax, and the challengeto form selection does not negate entitlement to deductions. The matter is remitted for reassessment under the correct return classification, with directions for the taxpayer to file financial statements and for the assessing authority to re-do the assessment de novo after providing opportunity to be heard. Case-Laws Income Tax Wed, 24 Dec 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=784847