https://www.taxtmi.com/caselaws?id=753937 Condonation of delay in filing the return for Assessment Year 2020-21 was refused because section 119(2) is meant for extraordinary cases and cannot be used routinely to relax statutory filing deadlines. The authority's material negatived the plea of financial hardship, especially as the financial statements had been finalised well before the return was filed. Timely filing also remained relevant to eligibility for deductions under section 80AC. On those facts, no interference with the refusal to condone the delay was warranted, and the assessee's challenge failed. en-us Thu, 30 May 2024 00:00:00 +0530 Wed, 17 Sep 2025 17:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=753937 Condonation of delay in filing the return for Assessment Year 2020-21 was refused because section 119(2) is meant for extraordinary cases and cannot be used routinely to relax statutory filing deadlines. The authority's material negatived the plea of financial hardship, especially as the financial statements had been finalised well before the return was filed. Timely filing also remained relevant to eligibility for deductions under section 80AC. On those facts, no interference with the refusal to condone the delay was warranted, and the assessee's challenge failed. Case-Laws Income Tax Thu, 30 May 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=753937