https://www.taxtmi.com/caselaws?id=788120 Rectification under the Income-tax Act is barred after four years from the end of the financial year in which the amendable order was passed. Delays of approximately nine to ten years in seeking rectification and filing first appeals require a bona fide, sufficient explanation before condonation can be considered. Assessment of bona fides, negligence, prejudice and substantial justice did not support condonation because the prolonged inaction lacked a satisfactory explanation. The delayed appeals were therefore treated as time-barred, with dismissal on limitation grounds and affirmation of the first appellate orders. en-us Fri, 13 Mar 2026 00:00:00 +0530 Tue, 17 Mar 2026 08:23:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788120 Rectification under the Income-tax Act is barred after four years from the end of the financial year in which the amendable order was passed. Delays of approximately nine to ten years in seeking rectification and filing first appeals require a bona fide, sufficient explanation before condonation can be considered. Assessment of bona fides, negligence, prejudice and substantial justice did not support condonation because the prolonged inaction lacked a satisfactory explanation. The delayed appeals were therefore treated as time-barred, with dismissal on limitation grounds and affirmation of the first appellate orders. Case-Laws Income Tax Fri, 13 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788120