https://www.taxtmi.com/caselaws?id=776205 The SC dismissed the petition due to an unexplained delay of 488 days in filing. The HC had earlier allowed the writ petition, setting aside the order rejecting the condonation application under s 119(2)(b) and quashing subsequent orders denying exemption under s 11 for non-filing of Form 10B audit report. The SC held that non-filing of Form 10B is not fatal enough to deny exemption under s 11, but the delay in seeking relief was inordinate and unjustified, warranting dismissal. en-us Mon, 04 Aug 2025 00:00:00 +0530 Wed, 06 Aug 2025 08:19:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=776205 The SC dismissed the petition due to an unexplained delay of 488 days in filing. The HC had earlier allowed the writ petition, setting aside the order rejecting the condonation application under s 119(2)(b) and quashing subsequent orders denying exemption under s 11 for non-filing of Form 10B audit report. The SC held that non-filing of Form 10B is not fatal enough to deny exemption under s 11, but the delay in seeking relief was inordinate and unjustified, warranting dismissal. Case-Laws Income Tax Mon, 04 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=776205