Interactive flat panels meeting automatic data processing conditions are distinguished from monitors, while later classification clarifications apply ...
Statutory transfer formalities invalidated alleged share and property transfers, while retrospective record manipulation constituted oppression and mi...
Provisional attachment of laundered funds and equivalent-value property sustained, with statutory protection limited to pension, gratuity and providen...
HC held that the delay in filing Form No. 9A was condoned under Section 119(2)(b) of the IT Act as a bona fide mistake arising from reliance on a misprint in a widely relied commercial bare act publication. The court found that the Assessing Officer ought to have condoned the delay, that the Petitioner did not derive any advantage from the delay, and that refusal would cause grave hardship. Consequently, the Petitioner is entitled to the benefit of Sections 11 and 12, and the denial of exemptions on account of delayed filing was set aside.
HC held that the delay in filing Form No. 9A was condoned under Section 119(2)(b) of the IT Act as a bona fide mistake arising from reliance on a misprint in a widely relied commercial bare act publication. The court found that the Assessing Officer ought to have condoned the delay, that the Petitioner did not derive any advantage from the delay, and that refusal would cause grave hardship. Consequently, the Petitioner is entitled to the benefit of Sections 11 and 12, and the denial of exemptions on account of delayed filing was set aside.
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