https://www.taxtmi.com/caselaws?id=757054 The Kerala HC allowed writ petitions challenging rejection of applications under Section 119(2)(b) for condonation of delay in filing audit reports in Form-10B. The court held that delay in filing audit reports can be maximum 30 days since law requires uploading at least one month before return filing due date. The court found Commissioner should have exercised discretionary power to condone delay rather than taking strict view. Relying on Al Jamia Mohammediyah Education Society precedent, the court quashed CIT(E) orders dismissing condonation applications and condoned the petitioners' delay in filing Form-10B audit reports. en-us Tue, 06 Aug 2024 00:00:00 +0530 Tue, 13 Aug 2024 18:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=757054 The Kerala HC allowed writ petitions challenging rejection of applications under Section 119(2)(b) for condonation of delay in filing audit reports in Form-10B. The court held that delay in filing audit reports can be maximum 30 days since law requires uploading at least one month before return filing due date. The court found Commissioner should have exercised discretionary power to condone delay rather than taking strict view. Relying on Al Jamia Mohammediyah Education Society precedent, the court quashed CIT(E) orders dismissing condonation applications and condoned the petitioners' delay in filing Form-10B audit reports. Case-Laws Income Tax Tue, 06 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=757054