https://www.taxtmi.com/caselaws?id=408234 The Tribunal allowed the assessee's appeal, condoning the delay in filing the appeal due to the impact of the corona pandemic and the specific period exclusion directed by the Supreme Court. On the merits, the Tribunal favored the assessee, citing conflicting decisions in different High Courts and the principle of adopting the view favoring the assessee when two views are possible. The Tribunal directed the Assessing Officer to reconsider if a contrary view was upheld by the Supreme Court in pending appeals. en-us Wed, 19 May 2021 00:00:00 +0530 Fri, 04 Jun 2021 08:25:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=408234 The Tribunal allowed the assessee's appeal, condoning the delay in filing the appeal due to the impact of the corona pandemic and the specific period exclusion directed by the Supreme Court. On the merits, the Tribunal favored the assessee, citing conflicting decisions in different High Courts and the principle of adopting the view favoring the assessee when two views are possible. The Tribunal directed the Assessing Officer to reconsider if a contrary view was upheld by the Supreme Court in pending appeals. Case-Laws Income Tax Wed, 19 May 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=408234