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Condonation of Delay: directoral disputes and pending company proceedings can constitute reasonable cause, allowing a belated return to be treated as a valid return.
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Condonation of delay under the tax regime was granted where internal directoral disputes and pending company-law proceedings before the NCLT delayed finalisation of accounts; the court held those circumstances constituted reasonable cause for a 169-day delay and set aside earlier refusals. Supporting documents for the NCLT proceedings were accepted as proof of the impediment, and the court directed the belated filing to be uploaded and treated as a valid return under the statutory provision for treated returns, permitting filing within four weeks and reopening the e filing window.
Condonation of delay under the tax regime was granted where internal directoral disputes and pending company-law proceedings before the NCLT delayed finalisation of accounts; the court held those circumstances constituted reasonable cause for a 169-day delay and set aside earlier refusals. Supporting documents for the NCLT proceedings were accepted as proof of the impediment, and the court directed the belated filing to be uploaded and treated as a valid return under the statutory provision for treated returns, permitting filing within four weeks and reopening the e filing window.
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