New Delhi, Aug. 12 -- If you have sold a property and did not claim certain eligible expenses in your original income tax return, can you claim them later? A recent Mumbai ITAT ruling has answered this question in favour of a taxpayer, allowing him to claim genuine expenses that were not included in his original return.

The case, reported by TaxGuru, concerns Mahendra Pratap Singh and assessment year (AY) 2020-21, relating to financial year (FY) 2019-20. Singh had sold four residential flats in Vasudev Sky High and sought to reduce the capital gains from those sales by including expenses such as brokerage, improvement costs, and other charges.

Singh claimed deductions totalling Rs.37.16 lakh in relation to the four flats. These included...