https://www.taxtmi.com/caselaws?id=349924 The Tribunal allowed the appeal for statistical purposes, directing the Assessing Officer to re-examine the exemption claim under Section 54F on its merits and make necessary adjustments regarding the interest under Sections 234B and 234C. The Tribunal held that the delay in filing the return did not invalidate the claim under Section 54F, emphasizing that the Assessing Officer should have considered the merits of the exemption claim rather than dismissing it based solely on the filing delay. en-us Fri, 15 Sep 2017 00:00:00 +0530 Fri, 27 Oct 2017 09:06:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349924 The Tribunal allowed the appeal for statistical purposes, directing the Assessing Officer to re-examine the exemption claim under Section 54F on its merits and make necessary adjustments regarding the interest under Sections 234B and 234C. The Tribunal held that the delay in filing the return did not invalidate the claim under Section 54F, emphasizing that the Assessing Officer should have considered the merits of the exemption claim rather than dismissing it based solely on the filing delay. Case-Laws Income Tax Fri, 15 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349924