2025 (5) TMI 2063 - SCH - Income Tax

Judicial Scrutiny Rejects Petition Due to Unexplained 300-Day Delay in Filing Legal Challenge

SC dismissed SLP due to 300-day unexplained delay in filing. Court found no satisfactory justification for late submission, invoking doctrine of 'delay ... Deductions u/s 80IC - audit report in Form 10 CCB, due to inadvertence, had not been uploaded online on time - Power of CBDT to condone delay u/s 119 - Rectification u/s 154 - Delay filling SLP - As decided by HC [2024 (4) TMI 549 - BOMBAY HIGH COURT] certainly the fact that an assessee feels that he would be paying more tax if he does not get the advantage of deduction under Section 80IC of the Act, that will be certainly a ‘genuine hardship’. Respondent no. 1 shall on or before 31st May 2024, dispose the pending application under Section 154 of the Act on merits HELD THAT:- There is a delay of 300 days in filing the Special Leave Petition. We are not satisfied with the explanation rendered by the petitioners. The Special Leave Petition is dismissed on the ground of delay and laches. The Supreme Court, in an order delivered by Hon'ble Justices Surya Kant and Dipankar Datta, dismissed the Special Leave Petition due to an unexplained delay of 300 days in filing. The Court held that the petitioners failed to provide a satisfactory explanation for the delay, resulting in dismissal on the grounds of 'delay and laches.' Consequently, all pending applications were also disposed of.