Assessee filed an application under section 119(2)(b) seeking condonation of delay in filing Form 10B. Same was rejected on ground that explanation offered for delay was not satisfactory, particularly on premise that assessee was obliged to explain delay on a day-to-day basis. On writ the Court held that\u00a0\u00a0 it is not necessary that a day-to-day explanation is required and that continuity of events constituting sufficient cause is adequate, and authority must not adopt a pedantic approach but should follow a liberal and justice-oriented approach so that issue is decided on merits. Since assessee was prevented by sufficient cause from filing Form 10B within statutory period, order rejecting condonation application solely on ground of limitation was set aside and application for condonation was allowed. \u00a0The authority was directed to consider form 10B on the merits in accordance with law.<\/p>\n
\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"
S. 119 : Central Board of Direct Taxes-Circular-Condonation of delay-Application filed wrongly under form 10BB instead of form 10B-Authority ought to have condoned delay instead of dismissing form 10B on anvil of limitation Order set aside and delay condoned Authority directed to consider form 10B under section 119(2)(b) on merits. [S.119(2)(b),Form No 10B, 10BB, Art. 226]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-59731","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-fxp","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/59731","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=59731"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/59731\/revisions"}],"predecessor-version":[{"id":59732,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/59731\/revisions\/59732"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=59731"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=59731"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=59731"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}