https://www.taxtmi.com/caselaws?id=769451 The SC quashed the CIT(Exemptions)'s order rejecting a condonation application for Form-10B filing delay. The Court held that for delays exceeding one year, particularly beyond three years, only the CBDT has jurisdiction. The impugned order was set aside, and the CBDT was directed to consider the application on merits within four months, providing an opportunity for hearing and passing a reasoned order. en-us Tue, 22 Apr 2025 00:00:00 +0530 Fri, 25 Apr 2025 08:53:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=769451 The SC quashed the CIT(Exemptions)'s order rejecting a condonation application for Form-10B filing delay. The Court held that for delays exceeding one year, particularly beyond three years, only the CBDT has jurisdiction. The impugned order was set aside, and the CBDT was directed to consider the application on merits within four months, providing an opportunity for hearing and passing a reasoned order. Case-Laws Income Tax Tue, 22 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=769451