https://www.taxtmi.com/caselaws?id=789397 An ITAT Hyderabad note states that a short delay in filing the appeal was accepted on sufficient cause, based on overlapping statutory due dates and supporting affidavit. It further records that expenditure incurred by a society for establishment, administration, compliance and maintenance of its objects was held allowable against interest income, on the basis that only net real income is taxable and the expenses were connected with the society's functioning. The note also says self-assessment tax reflected in the return had to be given credit in computing tax liability, and the omission was treated as a computational error requiring verification and correction. en-us Fri, 27 Feb 2026 00:00:00 +0530 Wed, 08 Apr 2026 08:56:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789397 An ITAT Hyderabad note states that a short delay in filing the appeal was accepted on sufficient cause, based on overlapping statutory due dates and supporting affidavit. It further records that expenditure incurred by a society for establishment, administration, compliance and maintenance of its objects was held allowable against interest income, on the basis that only net real income is taxable and the expenses were connected with the society's functioning. The note also says self-assessment tax reflected in the return had to be given credit in computing tax liability, and the omission was treated as a computational error requiring verification and correction. Case-Laws Income Tax Fri, 27 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789397