https://www.taxtmi.com/caselaws?id=782397 HC allowed the petition by the assessee-company challenging rejection of its application for condonation of delay under s.119(2)(b) IT Act for AY 2024-25. It held that successive resignations of key accounts staff at the remote business location disrupted operations and constituted reasonable and sufficient cause for not filing the return within the statutory deadline, despite exercise of ordinary business care and prudence. The HC set aside the PCIT's order dated 18.08.2025 and directed the authority to accept the return/audit report and grant all consequential reliefs as if filed in time. en-us Fri, 21 Nov 2025 00:00:00 +0530 Fri, 28 Nov 2025 08:24:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=782397 HC allowed the petition by the assessee-company challenging rejection of its application for condonation of delay under s.119(2)(b) IT Act for AY 2024-25. It held that successive resignations of key accounts staff at the remote business location disrupted operations and constituted reasonable and sufficient cause for not filing the return within the statutory deadline, despite exercise of ordinary business care and prudence. The HC set aside the PCIT's order dated 18.08.2025 and directed the authority to accept the return/audit report and grant all consequential reliefs as if filed in time. Case-Laws Income Tax Fri, 21 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=782397