#ITAT Proceedings

ITAT Delhi ruled that an ex parte order under Section 80G(5)(ii) of the Income Tax Act, 1961, violates principles of natural justice if passed without affording a fair hearing. The Tribunal set aside the order and directed a fresh adjudication, emphasizing compliance with procedural fairness for tax exemption registrations.

ITAT Bangalore ruled that an incorrect claim under Section 54 instead of Section 54F is not fatal if the assessee's intent is genuine, condoning a 1226-day delay in filing the appeal. The decision underscores flexibility in procedural compliance for capital gains deductions, offering relief to taxpayers facing similar errors.