https://www.taxtmi.com/caselaws?id=287690 The Tribunal held that a technical delay of 46 minutes in filing the return should not result in denying a substantial deduction of Rs. 2,34,41,162 under section 80IC. It emphasized that justice should not be denied for such a minor delay. The Tribunal concluded that the provisions of section 80AC are not mandatory and should be interpreted in a manner that avoids injustice. The delay in filing the return was condoned as it was not malicious, and the Tribunal allowed the assessee's cross-objection, making the department's appeal infructuous. en-us Fri, 29 May 2015 00:00:00 +0530 Tue, 28 Apr 2020 12:51:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=287690 The Tribunal held that a technical delay of 46 minutes in filing the return should not result in denying a substantial deduction of Rs. 2,34,41,162 under section 80IC. It emphasized that justice should not be denied for such a minor delay. The Tribunal concluded that the provisions of section 80AC are not mandatory and should be interpreted in a manner that avoids injustice. The delay in filing the return was condoned as it was not malicious, and the Tribunal allowed the assessee's cross-objection, making the department's appeal infructuous. Case-Laws Income Tax Fri, 29 May 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=287690