Taxpayer is entitled to claim benefit of exempted income in revised ITR if it is filed within the deadline

Income tax return: The Supreme Court of India has refused to accept a petition wherein the tax department's assessing officer (AO) contested that a individual be denied the benefit of exempted income which he claimed by filing a revised ITR. The reason behind this denial was that the AO received information from 'entry operators'.

from Tax-Wealth-Economic Times https://ift.tt/WncUXki