https://www.taxtmi.com/caselaws?id=422242 An appellate authority dealing with an intimation under section 143(1) must examine the relevant material and decide an exemption claim on the merits, rather than rejecting it merely because supporting documents were not attached to the return. The dispute concerned taxability of enhanced compensation and interest on compulsory acquisition, with exemption claimed under section 10(37). Binding Supreme Court precedent could not be ignored by relying only on the charging provisions or by omitting any discussion of those decisions. The matter was therefore remanded for fresh adjudication after the relevant facts and documents were brought on record and the claim was reconsidered in accordance with law. en-us Mon, 18 Apr 2022 00:00:00 +0530 Thu, 12 May 2022 08:44:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=422242 An appellate authority dealing with an intimation under section 143(1) must examine the relevant material and decide an exemption claim on the merits, rather than rejecting it merely because supporting documents were not attached to the return. The dispute concerned taxability of enhanced compensation and interest on compulsory acquisition, with exemption claimed under section 10(37). Binding Supreme Court precedent could not be ignored by relying only on the charging provisions or by omitting any discussion of those decisions. The matter was therefore remanded for fresh adjudication after the relevant facts and documents were brought on record and the claim was reconsidered in accordance with law. Case-Laws Income Tax Mon, 18 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=422242