https://www.taxtmi.com/caselaws?id=264809 The High Court quashed the order dismissing the delay condonation petition and directed the assessing authority to reevaluate the condonation application within two months, following Supreme Court guidelines. The court emphasized that delay should be condoned when a claim is legally sustainable, prioritizing substantial justice over technicalities. Factors like conduct, prejudice, and lack of bona fides are crucial in such decisions. The court ordered a stay on recovery proceedings until the reassessment is completed. en-us Fri, 04 Sep 2015 00:00:00 +0530 Sat, 03 Oct 2015 13:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=264809 The High Court quashed the order dismissing the delay condonation petition and directed the assessing authority to reevaluate the condonation application within two months, following Supreme Court guidelines. The court emphasized that delay should be condoned when a claim is legally sustainable, prioritizing substantial justice over technicalities. Factors like conduct, prejudice, and lack of bona fides are crucial in such decisions. The court ordered a stay on recovery proceedings until the reassessment is completed. Case-Laws Income Tax Fri, 04 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=264809