Condonation of delay in filing the return of income - carry ...

Case Laws Income Tax

September 28, 2023

Condonation of delay in filing the return of income - carry forward the capital loss denied - It is a settled position of law that the respondent Board has wide powers to condone the delay and in the facts of the case, such powers ought to have been exercised judiciously so as to render substantial justice. - Application filed u/s 116(2)(b) allowed - HC

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Condonation of delay in filing the return of income - carry ...

Case Laws Income Tax

September 28, 2023

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