Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2013 (10) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2013 (10) TMI 1033 - HC - Income TaxCondonation of delay in filing returns of Income – Application of Circular no. 670 dt. October 26, 1993 – Held that:- On a perusal of the above circular quoted above, when the Commissioner of Income-tax is satisfied that the returns were not filed due to reasons beyond the control of the assessee, he may refer the matter to the Board for reconsideration. In the instant case, for one year the Commissioner of Income-tax was satisfied that the delay in filing the return were not attributable to the petitioners. Therefore, he is not justified in extending the same to other years - Remitted the matter to the Commissioner of Income-tax to decide whether he will condone the delay or refer the matter to the Board for consideration – Decided in favor of Assessee.
|