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Case lawHigh Court › Coromondel Cabeles P Ltd v ACIT
High CourtCuts both wayss.80ACs.80-IB(10)s.139(1)s.260As.2(47)(v)

Coromondel Cabeles P Ltd v ACIT

The Department has taxed my housing project income as business profit. Can I claim the section 80-IB(10) deduction now, in appeal, when I never claimed it in my return?

The Department has taxed my housing project income as business profit. Can I claim the section 80-IB(10) deduction now, in appeal, when I never claimed it in my return?

Not for years governed by section 80AC. The Madras High Court held that where section 80AC applies, the deduction cannot be allowed unless the return was filed by the due date and the claim was made in it. The assessee had made no claim under section 80-IB in its return, so for assessment years 2007-08 to 2011-12 the benefit was refused, section 80AC having been inserted by the Finance Act 2006 with effect from 1 April 2006. For assessment year 2006-07 the question was answered in the assessee's favour. The Court recorded a prima facie view that the requirement may be directory, but held it could say so only under Article 226 and not in a section 260A appeal.

Decided by the High Court (High Court of Judicature at Madras; R. Suresh Kumar and C. Saravanan JJ. Common judgment delivered by Saravanan J) on 2025-05-09, reported as T.C.A. Nos. 294 to 299 of 2018 and T.C.A. Nos. 355, 356, 378, 389, 390, 393, 396, 401, 402, 409 and 411 of 2021, Madras High Court, reserved 21 October 2024 and pronounced 9 May 2025. It bears on section 80AC, section 80-IB(10), section 139(1), section 260A, section 2(47)(v) of the Income Tax Act 1961, in Deductions & Disallowances, Appeals, Capital Gains and How Tax Law Is Read matters.

Still good law. A Division Bench judgment of 9 May 2025. The source page records no later citation of it, and whether it has been carried to the Supreme Court was not checked in this session. Its holding on section 80AC is expressly interim in one respect: the Court recorded a prima facie view that the requirement may be directory and gave liberty to seek that declaration under Article 226 and to revive these appeals, so the outcome between these parties may yet change. Section 80AC has since been widened to cover a longer list of deductions, and the current text should be read before the case is applied.

Why it matters

Two things make this judgment worth having. The first is the hard edge it puts on section 80AC: the entitlement to a Chapter VI-A deduction of the specified kind is conditioned on a timely return carrying the claim, and a court hearing a tax appeal cannot read that condition down, however deserving the claim. It applies Rowlatt J's rule in Cape Brandy that in a taxing Act one looks merely at what is clearly said, with nothing implied and nothing read in. The second is procedural and often missed: the Court held that the limited jurisdiction under section 260A does not permit a declaration that a statutory requirement is directory, that only the writ jurisdiction under Article 226 can do that, and it gave express liberty to mount that challenge in collateral proceedings and to revive these appeals if it succeeds. It also confirms, on the merits of section 80-IB(10), that the deduction is oriented towards the project and not towards ownership of the land, following Sanghvi and Doshi Enterprise and Radhe Developers.

Binding within that High Court's jurisdiction. Persuasive elsewhere.

Not yet CA-verified. This entry was found through the sources listed under the Sources tab, and the summary reflects what those sources say. Nobody has yet read the full judgment and signed it off. Check the source before relying on it.

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