https://www.taxtmi.com/article/detailed?id=13238 Circular No. 17/2024 delegates power to specified tax authorities to admit and decide condonation applications for delay in filing Form No. 10 IC and Form No. 10 ID, subject to conditions that the return was filed by the due date, the option was exercised in the ITR, and the assessee was prevented by reasonable cause showing genuine hardship; it limits entertainable applications to those filed within three years from the end of the assessment year, covers pending applications as of the Circular date, and prescribes disposal timelines, but contains ambiguities about new filings and scope that risk inconsistent discretion and litigation. en-us Sat, 21 Dec 2024 10:56:46 +0530 Sat, 21 Dec 2024 10:56:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=13238 Circular No. 17/2024 delegates power to specified tax authorities to admit and decide condonation applications for delay in filing Form No. 10 IC and Form No. 10 ID, subject to conditions that the return was filed by the due date, the option was exercised in the ITR, and the assessee was prevented by reasonable cause showing genuine hardship; it limits entertainable applications to those filed within three years from the end of the assessment year, covers pending applications as of the Circular date, and prescribes disposal timelines, but contains ambiguities about new filings and scope that risk inconsistent discretion and litigation. Articles Income Tax Sat, 21 Dec 2024 10:56:46 +0530 https://www.taxtmi.com/article/detailed?id=13238