https://www.taxtmi.com/caselaws?id=419338 The ITAT Delhi allowed the Assessee's appeal, overturning the addition made by the Assessing Officer and upheld by the Commissioner. The decision highlighted the importance of meeting statutory conditions for deductions, even if the return of income was filed beyond the specified due date. Compliance with audit requirements within due dates, lack of questioning the deduction on merit, and alignment with interpretations of law by the Delhi High Court and the High Court of Kerala were crucial factors in the decision. en-us Fri, 25 Feb 2022 00:00:00 +0530 Tue, 08 Mar 2022 10:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=419338 The ITAT Delhi allowed the Assessee's appeal, overturning the addition made by the Assessing Officer and upheld by the Commissioner. The decision highlighted the importance of meeting statutory conditions for deductions, even if the return of income was filed beyond the specified due date. Compliance with audit requirements within due dates, lack of questioning the deduction on merit, and alignment with interpretations of law by the Delhi High Court and the High Court of Kerala were crucial factors in the decision. Case-Laws Income Tax Fri, 25 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=419338