https://www.taxtmi.com/caselaws?id=406150 The court allowed the condonation of delay in filing the appeal and upheld the assessee's entitlement to claim brought forward and carry forward of excess application of income. It determined that such claims did not amount to double deduction as the income was already exempt. Relying on previous decisions and commercial principles, the court dismissed the revenue's appeal, affirming the Tribunal's decision in favor of the assessee. en-us Fri, 05 Mar 2021 00:00:00 +0530 Wed, 07 Apr 2021 09:19:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=406150 The court allowed the condonation of delay in filing the appeal and upheld the assessee's entitlement to claim brought forward and carry forward of excess application of income. It determined that such claims did not amount to double deduction as the income was already exempt. Relying on previous decisions and commercial principles, the court dismissed the revenue's appeal, affirming the Tribunal's decision in favor of the assessee. Case-Laws Income Tax Fri, 05 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=406150