https://www.taxtmi.com/caselaws?id=75612 The High Court allowed the writ petition, setting aside the CBDT's order and directing the condonation of the one-day delay in filing the return of income. The Court emphasized the importance of considering the specific circumstances of the case, highlighting the genuine hardship faced by the petitioner due to administrative delays. The judgment reaffirmed the Board's authority to exercise discretion in condoning delays, particularly in cases involving the carry forward of losses, as supported by legal precedents and circulars. en-us Fri, 16 Apr 2010 00:00:00 +0530 Fri, 17 Jun 2016 12:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=75612 The High Court allowed the writ petition, setting aside the CBDT's order and directing the condonation of the one-day delay in filing the return of income. The Court emphasized the importance of considering the specific circumstances of the case, highlighting the genuine hardship faced by the petitioner due to administrative delays. The judgment reaffirmed the Board's authority to exercise discretion in condoning delays, particularly in cases involving the carry forward of losses, as supported by legal precedents and circulars. Case-Laws Income Tax Fri, 16 Apr 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=75612