https://www.taxtmi.com/caselaws?id=797236 Section 119(2)(b) permits admission of belated applications to prevent genuine hardship and does not impose a specific limitation period for seeking condonation. This statutory discretion must be exercised liberally after considering the assessee's difficulties. Departmental circulars bind income-tax authorities but cannot restrict the discretion conferred by Section 119(2)(b), including in writ proceedings under Article 226. Rejection of delayed Form-10B condonation applications solely because they exceeded a circular-prescribed period was unsustainable. The delay was condoned, permitting Form-10B to be furnished with the returns for processing in accordance with law. en-us Tue, 28 Jul 2026 00:00:00 +0530 Wed, 19 Aug 2026 08:20:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=797236 Section 119(2)(b) permits admission of belated applications to prevent genuine hardship and does not impose a specific limitation period for seeking condonation. This statutory discretion must be exercised liberally after considering the assessee's difficulties. Departmental circulars bind income-tax authorities but cannot restrict the discretion conferred by Section 119(2)(b), including in writ proceedings under Article 226. Rejection of delayed Form-10B condonation applications solely because they exceeded a circular-prescribed period was unsustainable. The delay was condoned, permitting Form-10B to be furnished with the returns for processing in accordance with law. Case-Laws Income Tax Tue, 28 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=797236