https://www.taxtmi.com/caselaws?id=40254 Section 80-O required the relevant agreements to be produced by the prescribed date for the first assessment year in which approval was sought, and the statute did not provide for condonation of delay in filing them. In the absence of any application for condonation before the Central Board of Direct Taxes, the High Court could not direct that the delay be condoned or require the matter to be examined on merits. The Court therefore held that the delay in producing the agreements was not capable of condonation under the statute, and the direction to condone it was unsustainable. en-us Thu, 20 Jul 2000 00:00:00 +0530 Mon, 26 Apr 2010 14:09:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=40254 Section 80-O required the relevant agreements to be produced by the prescribed date for the first assessment year in which approval was sought, and the statute did not provide for condonation of delay in filing them. In the absence of any application for condonation before the Central Board of Direct Taxes, the High Court could not direct that the delay be condoned or require the matter to be examined on merits. The Court therefore held that the delay in producing the agreements was not capable of condonation under the statute, and the direction to condone it was unsustainable. Case-Laws Income Tax Thu, 20 Jul 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=40254