https://www.taxtmi.com/caselaws?id=77997 The court allowed the petition, setting aside the impugned order and condoning the delay in filing the return. Consequently, the petitioner was entitled to carry forward and set off losses in accordance with the law. The court emphasized the importance of a fair and just approach in matters of condonation of delay, ensuring that parties are not unduly penalized due to technicalities. en-us Mon, 20 Sep 2010 00:00:00 +0530 Fri, 21 Dec 2012 15:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=77997 The court allowed the petition, setting aside the impugned order and condoning the delay in filing the return. Consequently, the petitioner was entitled to carry forward and set off losses in accordance with the law. The court emphasized the importance of a fair and just approach in matters of condonation of delay, ensuring that parties are not unduly penalized due to technicalities. Case-Laws Income Tax Mon, 20 Sep 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=77997