https://www.taxtmi.com/caselaws?id=795711 Section 119(2)(b) permits condonation of a delayed Form 10B audit report where sufficient cause and genuine hardship are established, and does not itself prescribe a limitation period for seeking condonation. The notes state that medical records, age, and filing the audit reports shortly after the returns supported sufficient cause, although the taxpayer bore some responsibility and costs were imposed. They also note that revenue authorities remain bound by the CBDT circular prescribing a time limit. The reported outcome was condonation of the filing delay for claiming exemption. en-us Fri, 03 Jul 2026 00:00:00 +0530 Sat, 25 Jul 2026 08:54:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795711 Section 119(2)(b) permits condonation of a delayed Form 10B audit report where sufficient cause and genuine hardship are established, and does not itself prescribe a limitation period for seeking condonation. The notes state that medical records, age, and filing the audit reports shortly after the returns supported sufficient cause, although the taxpayer bore some responsibility and costs were imposed. They also note that revenue authorities remain bound by the CBDT circular prescribing a time limit. The reported outcome was condonation of the filing delay for claiming exemption. Case-Laws Income Tax Fri, 03 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795711