Condonation of delay in filing Form 10B: certain belated filings condoned; commissioners may admit other applications. The Board, under section 119(2), directs that delays in furnishing Form 10B are condoned where the audit report was obtained before filing the return but furnished after filing and before the statutory due date; for other belated filings prior to the cutoff, Commissioners of Income-tax are empowered to admit condonation applications under section 119(2)(b) after being satisfied of reasonable cause, and to dispose of such applications by the prescribed administrative deadline.