https://www.taxtmi.com/caselaws?id=389193 A rectification application under section 154 should not be rejected solely because it was filed belatedly where the alleged mistake requires consideration on merits. The Tribunal noted that the assessee had included exempt income in total income, resulting in a tax demand, and held that the delay should not prevent substantive examination of the rectification claim. It found that interests of justice required the first appellate authority to decide the matter afresh without being influenced by the filing date of the application. The delay was therefore condoned and the matter remanded for fresh adjudication on merits. en-us Tue, 15 Oct 2019 00:00:00 +0530 Tue, 03 Dec 2019 11:11:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=389193 A rectification application under section 154 should not be rejected solely because it was filed belatedly where the alleged mistake requires consideration on merits. The Tribunal noted that the assessee had included exempt income in total income, resulting in a tax demand, and held that the delay should not prevent substantive examination of the rectification claim. It found that interests of justice required the first appellate authority to decide the matter afresh without being influenced by the filing date of the application. The delay was therefore condoned and the matter remanded for fresh adjudication on merits. Case-Laws Income Tax Tue, 15 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=389193