https://www.taxtmi.com/caselaws?id=363348 The Tribunal allowed the appeals, directing the Assessing Officer to consider the deduction claim u/s 80P of the I.T. Act based on returns filed during pending appeals. The Tribunal emphasized that belatedly filed returns can be accepted for deduction consideration, aligning with legislative intent and judicial precedents. The decision highlighted procedural fairness and adherence to legal principles in tax assessments and appeals, dismissing stay applications as irrelevant. en-us Thu, 05 Jul 2018 00:00:00 +0530 Wed, 11 Jul 2018 08:24:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=363348 The Tribunal allowed the appeals, directing the Assessing Officer to consider the deduction claim u/s 80P of the I.T. Act based on returns filed during pending appeals. The Tribunal emphasized that belatedly filed returns can be accepted for deduction consideration, aligning with legislative intent and judicial precedents. The decision highlighted procedural fairness and adherence to legal principles in tax assessments and appeals, dismissing stay applications as irrelevant. Case-Laws Income Tax Thu, 05 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=363348