Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Supreme Court dismisses special leave petition, leaves question of law open, and condones delay.</h1> The Supreme Court dismissed the special leave petition but left the question of law open, while also condoning the delay. - TMI Condonation of delay in filing claim of carry forward losses u/s 119(2)(b) - After realising the mistake after change of CA petitioner filed an application before the CBDT for condonation of delay in filing the return of income claiming loss - rejected by CBDT stating that petitioner was not prevented from any circumstances beyond its control, no external factors preventing the petitioner from filing its revised return and petitioner is continuously earning profits and it cannot be said that payment of taxes will cause any genuine hardship to the bank - HELD THAT:- Special leave petition is dismissed. However, the question of law is left open The Supreme Court dismissed the special leave petition, but left the question of law open. Delay was condoned. (2019 (7) TMI 886 - SC Order)