https://www.taxtmi.com/caselaws?id=250724 The Tribunal allowed the appeal of the Revenue for Assessment Year (AY) 2011-12, setting aside the decision of the Commissioner of Income Tax (Appeals) regarding the disallowance of deduction under section 80-IC of the Income Tax Act due to late electronic filing. The Tribunal emphasized the mandatory electronic filing requirement from AY 2010-11 onwards under Rule 12(3)(ab), distinguishing the case from previous precedents. The assessee's lack of valid justification for the delayed electronic filing in AY 2011-12 led to the denial of the deduction for that year. en-us Mon, 18 Aug 2014 00:00:00 +0530 Mon, 23 Feb 2015 12:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=250724 The Tribunal allowed the appeal of the Revenue for Assessment Year (AY) 2011-12, setting aside the decision of the Commissioner of Income Tax (Appeals) regarding the disallowance of deduction under section 80-IC of the Income Tax Act due to late electronic filing. The Tribunal emphasized the mandatory electronic filing requirement from AY 2010-11 onwards under Rule 12(3)(ab), distinguishing the case from previous precedents. The assessee's lack of valid justification for the delayed electronic filing in AY 2011-12 led to the denial of the deduction for that year. Case-Laws Income Tax Mon, 18 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=250724