https://www.taxtmi.com/caselaws?id=20447 The Court upheld the Tribunal's decision in a case involving the interpretation of filing requirements under the Income-tax Act, 1961. It ruled that the delay in filing a declaration in Form No. 12 was condonable due to sufficient cause, emphasizing that the declaration should be filed along with the return within the stipulated timeframe. Additionally, the Court deemed a declaration signed by a deceased partner as valid, accepting the explanation provided by the assessee. The Court also justified the delay in filing the declaration based on the circumstances and the assessee's belief, ultimately ruling in favor of the assessee and disposing of the reference with no order as to costs. en-us Wed, 09 Jun 1993 00:00:00 +0530 Sat, 14 Nov 2009 10:38:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=20447 The Court upheld the Tribunal's decision in a case involving the interpretation of filing requirements under the Income-tax Act, 1961. It ruled that the delay in filing a declaration in Form No. 12 was condonable due to sufficient cause, emphasizing that the declaration should be filed along with the return within the stipulated timeframe. Additionally, the Court deemed a declaration signed by a deceased partner as valid, accepting the explanation provided by the assessee. The Court also justified the delay in filing the declaration based on the circumstances and the assessee's belief, ultimately ruling in favor of the assessee and disposing of the reference with no order as to costs. Case-Laws Income Tax Wed, 09 Jun 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=20447