1992 (1) TMI 78 - HC - Income Tax

Summary

The High Court of Delhi dismissed an application contending that section 293B is not applicable to section 10(6)(vii)(a) of the Income-tax Act. The court held that section 293B allows for condonation of delay by the Central Government and Board when seeking approval. The application was dismissed, giving respondents eight weeks to comply with the court's order without coercive recovery.