https://www.taxtmi.com/caselaws?id=252701 The Court dismissed the petition seeking condonation of delay in filing an application under Section 10(23C)(vi) of the Income Tax Act, 1961, for the Assessment Year 2013-14. The Court held that the Chief Commissioner lacked the power to condone the delay under Section 119(2)(b) of the Act, emphasizing the need for timely applications for exemption as mandated by the relevant proviso. Citing precedent, the Court established that time limits in special laws like the Income Tax Act are strict and cannot be extended using the Limitation Act. The petition was dismissed, affirming the Principal Chief Commissioner's decision without costs awarded. en-us Tue, 28 Oct 2014 00:00:00 +0530 Wed, 18 Feb 2015 16:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=252701 The Court dismissed the petition seeking condonation of delay in filing an application under Section 10(23C)(vi) of the Income Tax Act, 1961, for the Assessment Year 2013-14. The Court held that the Chief Commissioner lacked the power to condone the delay under Section 119(2)(b) of the Act, emphasizing the need for timely applications for exemption as mandated by the relevant proviso. Citing precedent, the Court established that time limits in special laws like the Income Tax Act are strict and cannot be extended using the Limitation Act. The petition was dismissed, affirming the Principal Chief Commissioner's decision without costs awarded. Case-Laws Income Tax Tue, 28 Oct 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=252701