https://www.taxtmi.com/caselaws?id=424239 The Tribunal allowed the appeals filed by the Assessee against the orders of the CIT(A) for AYs 2016-17 & 2017-18 under s. 143(1) of the Income Tax Act, 1961, despite a delay in filing. The Assessee successfully argued against the application of the maximum marginal rate of tax on income below the taxable limit, with the Tribunal ruling in favor of individual tax rates after allowing basic exemption. Both appeals were allowed in favor of the Assessee, with the Tribunal pronouncing the orders on 15/06/2022 in Ahmedabad. en-us Wed, 15 Jun 2022 00:00:00 +0530 Fri, 24 Jun 2022 08:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=424239 The Tribunal allowed the appeals filed by the Assessee against the orders of the CIT(A) for AYs 2016-17 & 2017-18 under s. 143(1) of the Income Tax Act, 1961, despite a delay in filing. The Assessee successfully argued against the application of the maximum marginal rate of tax on income below the taxable limit, with the Tribunal ruling in favor of individual tax rates after allowing basic exemption. Both appeals were allowed in favor of the Assessee, with the Tribunal pronouncing the orders on 15/06/2022 in Ahmedabad. Case-Laws Income Tax Wed, 15 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=424239