https://www.taxtmi.com/caselaws?id=254858 The ITAT upheld the appeal, condoning the delay in filing the appeal against the order of the Commissioner of Income Tax (Appeals) II. The Tribunal emphasized the need for substantial justice and a liberal approach in such matters, considering the unintentional delay due to reliance on legal advice. The ITAT cited previous judgments and legal principles, allowing the appeal in favor of the assessee and remanding the matter for fresh adjudication, recognizing the entitlement to exemption under section 10(10C) of the Income Tax Act, 1961. en-us Wed, 19 Nov 2014 00:00:00 +0530 Fri, 02 Jan 2015 10:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=254858 The ITAT upheld the appeal, condoning the delay in filing the appeal against the order of the Commissioner of Income Tax (Appeals) II. The Tribunal emphasized the need for substantial justice and a liberal approach in such matters, considering the unintentional delay due to reliance on legal advice. The ITAT cited previous judgments and legal principles, allowing the appeal in favor of the assessee and remanding the matter for fresh adjudication, recognizing the entitlement to exemption under section 10(10C) of the Income Tax Act, 1961. Case-Laws Income Tax Wed, 19 Nov 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=254858