In case of a genuine hardship, the taxpayer can file a condonation request under section 119(2)(b). If condonation request is accepted, there is no need to pay any interest or penalty for delayed fili ...
Delhi High Court held that internal disputes among company directors do not justify condonation of delay in filing ITR, upholding statutory compliance ...
The Gujarat High Court quashed an order of the tax authorities rejecting a partnership firm's application seeking condonation ...
The Tribunal highlighted that non-receipt of assessment notice and lack of knowledge about tax procedures justified the ...
The Delhi High Court recently condoned the delay by an assessee in filing his Income Tax Return, citing his health condition as 'genuine hardship' under Section 119(2)(b) of the Income Tax ...
The income tax (I-T) return filing season got over more than two months ago, and most taxpayers have received their income tax refunds where they were due. Typically, the Income Tax (I-T) Department ...