https://www.taxtmi.com/caselaws?id=770706 Gujarat HC allowed petition challenging rejection of condonation application for delayed income tax return filing. Court held that authorities failed to consider petitioner's entitlement to TDS refund on tax-exempt compensation received from acquiring body. Since compensation was exempt from tax, petitioner required revised return filing to claim legitimate refund. Authorities' reasoning was inadequate as they ignored petitioner's genuine need to file revised return for claiming eligible refund. Court quashed impugned order under Section 119(2)(b) of Income Tax Act, emphasizing provision's objective to prevent unnecessary hardship to assessees claiming legitimate refunds. en-us Thu, 17 Apr 2025 00:00:00 +0530 Thu, 15 May 2025 07:32:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=770706 Gujarat HC allowed petition challenging rejection of condonation application for delayed income tax return filing. Court held that authorities failed to consider petitioner's entitlement to TDS refund on tax-exempt compensation received from acquiring body. Since compensation was exempt from tax, petitioner required revised return filing to claim legitimate refund. Authorities' reasoning was inadequate as they ignored petitioner's genuine need to file revised return for claiming eligible refund. Court quashed impugned order under Section 119(2)(b) of Income Tax Act, emphasizing provision's objective to prevent unnecessary hardship to assessees claiming legitimate refunds. Case-Laws Income Tax Thu, 17 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=770706