https://www.taxtmi.com/caselaws?id=378263 The Tribunal granted condonation of delay for a belated appeal in Assessment Year 2014-15, emphasizing substantial justice. It admitted the appeal for consideration due to the assessee's ignorance and lack of guidance. Regarding the assessment of total income, the Tribunal found discrepancies in the process. It remanded the case to the assessing officer for a thorough examination based on audited financial statements, ensuring all claims are duly considered. The judgment stressed the importance of fairness and equity in tax assessments, prioritizing substantial justice over technicalities. en-us Wed, 10 Apr 2019 00:00:00 +0530 Thu, 11 Apr 2019 18:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=378263 The Tribunal granted condonation of delay for a belated appeal in Assessment Year 2014-15, emphasizing substantial justice. It admitted the appeal for consideration due to the assessee's ignorance and lack of guidance. Regarding the assessment of total income, the Tribunal found discrepancies in the process. It remanded the case to the assessing officer for a thorough examination based on audited financial statements, ensuring all claims are duly considered. The judgment stressed the importance of fairness and equity in tax assessments, prioritizing substantial justice over technicalities. Case-Laws Income Tax Wed, 10 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=378263