https://www.taxtmi.com/caselaws?id=180681 The ITAT Hyderabad allowed both appeals for statistical purposes, remitting the issue of exemption under section 54(1) back to the CIT(A) for fresh consideration. The ITAT emphasized substantial justice over technicalities and the authority of appellate bodies to entertain new claims during appeal proceedings. The delay in filing the appeals was considered unintentional and was condoned by the ITAT, directing a re-examination of the exemption issue in accordance with the law. en-us Thu, 07 Nov 2013 00:00:00 +0530 Wed, 05 Oct 2016 18:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=180681 The ITAT Hyderabad allowed both appeals for statistical purposes, remitting the issue of exemption under section 54(1) back to the CIT(A) for fresh consideration. The ITAT emphasized substantial justice over technicalities and the authority of appellate bodies to entertain new claims during appeal proceedings. The delay in filing the appeals was considered unintentional and was condoned by the ITAT, directing a re-examination of the exemption issue in accordance with the law. Case-Laws Income Tax Thu, 07 Nov 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=180681