Condonation of approval delays: Central Government or Board may condone late approvals for sufficient cause under tax law. A new provision permits the Central Government or the Board to condone delays in obtaining approvals required by the Income-tax Act where such approval was to be obtained before a specified date, provided there is sufficient cause, thereby creating an administrative mechanism to excuse late approval requests without changing substantive approval conditions.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Condonation of approval delays: Central Government or Board may condone late approvals for sufficient cause under tax law.
A new provision permits the Central Government or the Board to condone delays in obtaining approvals required by the Income-tax Act where such approval was to be obtained before a specified date, provided there is sufficient cause, thereby creating an administrative mechanism to excuse late approval requests without changing substantive approval conditions.
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