https://www.taxtmi.com/caselaws?id=422820 The statutory scheme for approval of educational institutions under section 10(23C)(vi) did not empower the prescribed authority to condone delay in filing the approval application or to grant retrospective approval. In the absence of an express enabling provision, a quasi-judicial authority under the Income-tax Act cannot extend the limitation period merely on grounds of reasonable cause. As the applications were filed beyond the prescribed time, the Commissioner's rejection was held justified and upheld. en-us Wed, 20 Apr 2022 00:00:00 +0530 Wed, 21 Aug 2024 16:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=422820 The statutory scheme for approval of educational institutions under section 10(23C)(vi) did not empower the prescribed authority to condone delay in filing the approval application or to grant retrospective approval. In the absence of an express enabling provision, a quasi-judicial authority under the Income-tax Act cannot extend the limitation period merely on grounds of reasonable cause. As the applications were filed beyond the prescribed time, the Commissioner's rejection was held justified and upheld. Case-Laws Income Tax Wed, 20 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=422820