Judgement

High Court condones seven-day delay in filing ITR and restores carry forward loss benefit to taxpayer.

Belated ITR Filing: HC Directs Condonation of Delay for Carry Forward Loss Claim

The ITAT held that investment made before filing the return under Section 139(4) qualifies for Section 54F exemption, deleted the additions, and allowed the assessee’s appeal.

ITAT allows Section 54 exemption before due date of filing belated ITR

The HC holds that cooperative societies generally face difficulty in filing returns timely because of the belated approval of statutory audits and the absence of an adequate mechanism.

High Court Grants Section 80P Exemption despite Belated ITR Filing

Articles

Taxpayers will lose tax benefits allowed under old tax regime if they file belated ITR.

Filing Belated ITR? Here is Why You Should Always File Returns on Time

ITAT held that capital gain exemption under Section 54 is allowable even if the return is filed belatedly under Section 139(4) under certain condition.

ITAT Allows Capital Gain Exemption u/s 54 Despite Belated ITR

Orders

ITAT deletes penalty under Section 271(1)(c) as no concealment found in belated capital gains deduction claim u/s 54EC and 54F.

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Belated ITR Filing: HC Directs Condonation of Delay for Carry Forward Loss Claim

ITAT allows Section 54 exemption before due date of filing belated ITR

High Court Grants Section 80P Exemption despite Belated ITR Filing

Filing Belated ITR? Here is Why You Should Always File Returns on Time

ITAT Allows Capital Gain Exemption u/s 54 Despite Belated ITR

ITAT Deletes Penalty Proceedings on Claim of Capital Gain Deductions u/s 54EC and 54F in Belated ITR