https://www.taxtmi.com/caselaws?id=434458 The High Court directed the Central Board of Direct Taxes to promptly consider the petitioner's request for condonation of delay in filing income tax returns for Assessment Years 2018-19 and 2019-20. The Court emphasized the urgency in addressing the petitioner's grievances, particularly regarding the impact on carrying forward business losses due to delays caused during the Corporate Insolvency Resolution Process under the Insolvency and Bankruptcy Code. en-us Mon, 20 Feb 2023 00:00:00 +0530 Fri, 24 Feb 2023 09:07:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=434458 The High Court directed the Central Board of Direct Taxes to promptly consider the petitioner's request for condonation of delay in filing income tax returns for Assessment Years 2018-19 and 2019-20. The Court emphasized the urgency in addressing the petitioner's grievances, particularly regarding the impact on carrying forward business losses due to delays caused during the Corporate Insolvency Resolution Process under the Insolvency and Bankruptcy Code. Case-Laws Income Tax Mon, 20 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=434458