https://www.taxtmi.com/caselaws?id=212082 The ITAT allowed the appeal in favor of the assessee, ruling that the delay in filing the return was a technical default and that the claim under Section 80IC should not be denied solely based on delayed filing. The matter was remitted back to the Assessing Officer to assess whether the conditions for the claim under Section 80IC were met by the assessee. The ITAT held that in cases of reasonable cause for delayed filing, the claim should be considered on merit, following a similar precedent. en-us Wed, 25 Jan 2012 00:00:00 +0530 Fri, 13 Apr 2012 08:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=212082 The ITAT allowed the appeal in favor of the assessee, ruling that the delay in filing the return was a technical default and that the claim under Section 80IC should not be denied solely based on delayed filing. The matter was remitted back to the Assessing Officer to assess whether the conditions for the claim under Section 80IC were met by the assessee. The ITAT held that in cases of reasonable cause for delayed filing, the claim should be considered on merit, following a similar precedent. Case-Laws Income Tax Wed, 25 Jan 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=212082