https://www.taxtmi.com/caselaws?id=308995 Delay in filing the first appellate appeal was condoned where the assessee attributed the lapse to the Covid-19 disruption, lockdown conditions and misplacement of the file, which were treated as relevant factors in assessing the delay. Interest paid for delayed payment of service tax was treated as compensatory expenditure, and the disallowance under Explanation 1 to section 37(1) was held inapplicable because the service tax law itself contemplated belated payment with interest. The deduction was therefore allowed under section 37(1), and the assessee obtained relief on the contested grounds. en-us Fri, 31 Mar 2023 00:00:00 +0530 Fri, 04 Aug 2023 21:24:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=308995 Delay in filing the first appellate appeal was condoned where the assessee attributed the lapse to the Covid-19 disruption, lockdown conditions and misplacement of the file, which were treated as relevant factors in assessing the delay. Interest paid for delayed payment of service tax was treated as compensatory expenditure, and the disallowance under Explanation 1 to section 37(1) was held inapplicable because the service tax law itself contemplated belated payment with interest. The deduction was therefore allowed under section 37(1), and the assessee obtained relief on the contested grounds. Case-Laws Income Tax Fri, 31 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=308995