https://www.taxtmi.com/caselaws?id=787047 Application for condonation of delay in filing Form No.10 for A.Y. 2015-16 was considered under the exercise of administrative discretion, with the court applying principles of substantial compliance and an equity oriented, liberal approach to Section 119(2)(b). The prospective effect of Rule 17 and 2015 Finance Act amendments was recognised, but did not preclude relief where the trust had filed its return and audit on time and delay was factually explained. Relief was granted: the delay (423 days) was condoned and the administrative rejection set aside, directing processing of the return and giving effect to the Form No.10 filing within eight weeks. en-us Wed, 18 Feb 2026 00:00:00 +0530 Wed, 25 Feb 2026 07:26:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787047 Application for condonation of delay in filing Form No.10 for A.Y. 2015-16 was considered under the exercise of administrative discretion, with the court applying principles of substantial compliance and an equity oriented, liberal approach to Section 119(2)(b). The prospective effect of Rule 17 and 2015 Finance Act amendments was recognised, but did not preclude relief where the trust had filed its return and audit on time and delay was factually explained. Relief was granted: the delay (423 days) was condoned and the administrative rejection set aside, directing processing of the return and giving effect to the Form No.10 filing within eight weeks. Case-Laws Income Tax Wed, 18 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787047