Electronic WhatsApp evidence without authentication or independent corroboration cannot sustain an unexplained-investment addition based on third-part...
Mutual current-account transactions excluded from deemed dividend treatment where no fresh borrowing arose; unsupported unsecured-loan addition also f...
HC dismissed the writ petition challenging rejection of condonation of delay in filing ITR for AY 2018-19. It held that a 30-month delay could not be excused under the "genuine hardship" proviso merely on the generic plea of disputes between directors and financial difficulty, particularly when the company remained a going concern and had duly filed ITRs for AYs 2017-18 and 2019-20. The Court found no documentary proof of the alleged director dispute and concluded that statutory obligations cannot be deferred on such assertions. Relying on precedent, the HC held that liberal construction of "genuine hardship" cannot extend to condoning such inordinate, unjustified delay.
HC dismissed the writ petition challenging rejection of condonation of delay in filing ITR for AY 2018-19. It held that a 30-month delay could not be excused under the "genuine hardship" proviso merely on the generic plea of disputes between directors and financial difficulty, particularly when the company remained a going concern and had duly filed ITRs for AYs 2017-18 and 2019-20. The Court found no documentary proof of the alleged director dispute and concluded that statutory obligations cannot be deferred on such assertions. Relying on precedent, the HC held that liberal construction of "genuine hardship" cannot extend to condoning such inordinate, unjustified delay.
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