https://www.taxtmi.com/highlights?id=72271 Condonation of delay in filing the return of income - carry forward the capital loss denied - It is a settled position of law that the respondent Board has wide powers to condone the delay and in the facts of the case, such powers ought to have been exercised judiciously so as to render substantial justice. - Application filed u/s 116(2)(b) allowed - HC en-us Thu, 28 Sep 2023 18:40:10 +0530 Thu, 28 Sep 2023 18:40:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=72271 Condonation of delay in filing the return of income - carry forward the capital loss denied - It is a settled position of law that the respondent Board has wide powers to condone the delay and in the facts of the case, such powers ought to have been exercised judiciously so as to render substantial justice. - Application filed u/s 116(2)(b) allowed - HC Highlights Income Tax Thu, 28 Sep 2023 18:40:10 +0530 https://www.taxtmi.com/highlights?id=72271