https://www.taxtmi.com/caselaws?id=464911 Delay in filing the income-tax return for assessment year 2022-23 was condoned because the explanation for late filing, based on finalisation of accounts and preparation of financial statements in anticipation of merger-related proceedings, was found bona fide and adequately supported. Applications under Section 119(2)(b) of the Income-tax Act, 1961 require a justice-oriented assessment rather than a pedantic one, and sufficient cause supported by the record warrants condonation. The rejection order was therefore unsustainable. en-us Tue, 23 Sep 2025 00:00:00 +0530 Fri, 21 Nov 2025 14:03:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=464911 Delay in filing the income-tax return for assessment year 2022-23 was condoned because the explanation for late filing, based on finalisation of accounts and preparation of financial statements in anticipation of merger-related proceedings, was found bona fide and adequately supported. Applications under Section 119(2)(b) of the Income-tax Act, 1961 require a justice-oriented assessment rather than a pedantic one, and sufficient cause supported by the record warrants condonation. The rejection order was therefore unsustainable. Case-Laws Income Tax Tue, 23 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=464911