https://www.taxtmi.com/caselaws?id=766850 Delay in filing income-tax returns may be condoned under Section 119(2)(b) where the taxpayer gives a bona fide explanation, shows no mala fides, and demonstrates sufficient cause. The Court accepted that the returns had been filed within time but were treated as defective, that the compliance lapse arose from an intimation not effectively communicated to the directors, and that the petitioner's willingness to forgo interest on any refund supported the request. The refusal to condone was set aside, the defects were allowed to be cured, and the returns were permitted to be filed and processed. en-us Mon, 03 Mar 2025 00:00:00 +0530 Wed, 05 Mar 2025 07:49:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=766850 Delay in filing income-tax returns may be condoned under Section 119(2)(b) where the taxpayer gives a bona fide explanation, shows no mala fides, and demonstrates sufficient cause. The Court accepted that the returns had been filed within time but were treated as defective, that the compliance lapse arose from an intimation not effectively communicated to the directors, and that the petitioner's willingness to forgo interest on any refund supported the request. The refusal to condone was set aside, the defects were allowed to be cured, and the returns were permitted to be filed and processed. Case-Laws Income Tax Mon, 03 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=766850