{"id":6542,"date":"2019-08-19T12:41:12","date_gmt":"2019-08-19T12:41:12","guid":{"rendered":"http:\/\/itatonline.org\/digest\/ganesh-sahakari-bank-ltd-v-government-of-india-2019-264-taxman-150-bom-hc\/"},"modified":"2019-08-19T12:41:12","modified_gmt":"2019-08-19T12:41:12","slug":"ganesh-sahakari-bank-ltd-v-government-of-india-2019-264-taxman-150-bom-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/ganesh-sahakari-bank-ltd-v-government-of-india-2019-264-taxman-150-bom-hc\/","title":{"rendered":"Ganesh Sahakari Bank Ltd. v. Government of India (2019) 264 Taxman 150 (Bom.)(HC)"},"content":{"rendered":"<p>AO rejected assessee&#8217;s claim for carry forward of loss on ground that return was not filed within time prescribed under S. 139(1) of the Act.\u00a0 On appeal Tribunal directed assessee to seek condonation of delay in filing return from CBDT. Assessee did not file application for condonation of delay even before CBDT within permissible time limit. CBDT rejected application on ground of limitation and latches. On writ the Court held that rejection of application by CBDT is held to be justified. (AY.2008-09)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 72 : Carry forward and set off  of business losses\u2013Return was not filed with in prescribed time\u2013Application for condonation of delay was not filed with in permissible time limit \u2013 Rejection of application is held to be justified. [S. 119, 139(1), 254(1)]<\/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":[1],"tags":[],"class_list":["post-6542","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-1Hw","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/6542","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=6542"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/6542\/revisions"}],"predecessor-version":[{"id":6543,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/6542\/revisions\/6543"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=6542"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=6542"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=6542"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}