https://www.taxtmi.com/caselaws?id=786941 Application to condone a 61 day delay in filing Form 10B was assessed under the discretionary power to condone procedural lapses, with emphasis on preserving substantive entitlements to charitable trust tax benefits under provisions governing income from trust activities. The reasoning relied on the marginal nature of the delay, prior filing of the statutory audit, and that administrative circulars do not bind judicial discretion; accordingly the procedural delay was held amenable to condonation and administrative processing of the return was directed to give effect to the trust's entitlement to tax benefits. en-us Tue, 03 Feb 2026 00:00:00 +0530 Mon, 23 Feb 2026 07:38:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=786941 Application to condone a 61 day delay in filing Form 10B was assessed under the discretionary power to condone procedural lapses, with emphasis on preserving substantive entitlements to charitable trust tax benefits under provisions governing income from trust activities. The reasoning relied on the marginal nature of the delay, prior filing of the statutory audit, and that administrative circulars do not bind judicial discretion; accordingly the procedural delay was held amenable to condonation and administrative processing of the return was directed to give effect to the trust's entitlement to tax benefits. Case-Laws Income Tax Tue, 03 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=786941