9911796707
TMI Blog2025 (1) TMI 1191X X X X Extracts X X X X X X X X Extracts X X X X ..... Adv Ashish Gabhale, i/b. Jay & Co.,. For the Respondent-Revenue: Adv A. K. Saxena,. ORAL JUDGMENT (PER MS SONAK J) :- 1. Heard learned counsel for the parties. 2. Rule. The Rule is made returnable immediately at the request of and with the consent of the learned counsel for the parties. 3. This Petition concerns Assessment Years 2019-2020, 2020-2021, 2021-2022 and 2022-2023. For t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... no delay, and Assessment Year 2021-2022 and 2022-2023, where the delay was 2 and 16 days, respectively. 5. From the record, however, we find a delay in filing the Form 10B for Assessment Year 2019-2020. This form was required to be filed along with the original return of income dated 27 August 2019. However, the same was filed on 17 July 2020, along with the revised return under Section 139(5) o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... f and the non-availability of any vehicle. 7. We believe the above reasons warranted consideration since they constituted sufficient cause. The delay in Assessment Year 2021-2022 and 2022-2023 was only 2 and 16 days, respectively. So far as Assessment Year 2019-2020 is concerned, the Petitioner was under the bona fide delay, and they would benefit from the extended timeline for filing a revised r ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... impact of Covid-19 Pandemic on the functioning of the Petitioner is required to be taken into consideration. 10. For all the above reasons, we set aside the impugned orders dated 12 October 2023 and condone the delay in filing Form 10B for the Assessment Year 2019-2020, 2021-2022 and 2022-2023. Further, we grant the Petitioner liberty to pursue the issue of condonation for the Assessment Year 20 ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
