https://www.taxtmi.com/caselaws?id=465202 HC allowed the Revenue's appeal and set aside the Single Judge's judgment that had interfered with the PCIT's order under s.119(2)(b) IT Act. It held that a belated return filed in 2012 for AY 2010-11 could not be treated as a valid return, and the assessee's application under s.119(2)(b), filed after eight years seeking condonation of a three-month delay for refund purposes, invoked a purely discretionary jurisdiction. The PCIT's refusal to condone the delay was neither unreasonable nor contrary to the statutory scheme. Consequently, the rejection of the assessee's application under s.119(2)(b) was upheld and the writ petition stood dismissed. en-us Tue, 03 Dec 2024 00:00:00 +0530 Wed, 10 Dec 2025 15:36:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=465202 HC allowed the Revenue's appeal and set aside the Single Judge's judgment that had interfered with the PCIT's order under s.119(2)(b) IT Act. It held that a belated return filed in 2012 for AY 2010-11 could not be treated as a valid return, and the assessee's application under s.119(2)(b), filed after eight years seeking condonation of a three-month delay for refund purposes, invoked a purely discretionary jurisdiction. The PCIT's refusal to condone the delay was neither unreasonable nor contrary to the statutory scheme. Consequently, the rejection of the assessee's application under s.119(2)(b) was upheld and the writ petition stood dismissed. Case-Laws Income Tax Tue, 03 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=465202