https://www.taxtmi.com/caselaws?id=776101 The ITAT Jaipur allowed the assessee's appeal, holding that denial of deduction under section 80IBA solely due to a 16-day delay in filing the ITR was unjustified. The assessee's claim was not disputed on merits but rejected on a technical ground despite substantial compliance and a reasonable cause related to the Covid-19 period. The tribunal relied on Himachal Pradesh HC precedent to affirm the admissibility of the deduction. Since the assessee had a bona fide reason for the delay and was entitled to the computed deduction, it should not be subjected to tax liability it does not owe. The addition made without a show cause notice was also set aside. en-us Wed, 04 Jun 2025 00:00:00 +0530 Tue, 05 Aug 2025 07:54:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=776101 The ITAT Jaipur allowed the assessee's appeal, holding that denial of deduction under section 80IBA solely due to a 16-day delay in filing the ITR was unjustified. The assessee's claim was not disputed on merits but rejected on a technical ground despite substantial compliance and a reasonable cause related to the Covid-19 period. The tribunal relied on Himachal Pradesh HC precedent to affirm the admissibility of the deduction. Since the assessee had a bona fide reason for the delay and was entitled to the computed deduction, it should not be subjected to tax liability it does not owe. The addition made without a show cause notice was also set aside. Case-Laws Income Tax Wed, 04 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=776101