https://www.taxtmi.com/caselaws?id=384174 The HC allowed the appeal, overturning the decisions of the Tribunal and CIT (A), and directed the assessing officer to consider Form No.10 and the Board Resolution for a decision on merits. The HC found that the Tribunal failed to recognize its power to entertain Form No.10 for the deemed application of income under Section 11, and emphasized the importance of timely submission of necessary forms for tax benefits. The Court referenced relevant legal precedents supporting the filing of Form No.10 during reassessment proceedings, thus setting aside previous orders. en-us Fri, 26 Jul 2019 00:00:00 +0530 Thu, 14 Dec 2023 17:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=384174 The HC allowed the appeal, overturning the decisions of the Tribunal and CIT (A), and directed the assessing officer to consider Form No.10 and the Board Resolution for a decision on merits. The HC found that the Tribunal failed to recognize its power to entertain Form No.10 for the deemed application of income under Section 11, and emphasized the importance of timely submission of necessary forms for tax benefits. The Court referenced relevant legal precedents supporting the filing of Form No.10 during reassessment proceedings, thus setting aside previous orders. Case-Laws Income Tax Fri, 26 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=384174