Supreme Court dismisses review petition after condoning 862-day delay.Review petition - excess expenditure incurred by the trust/charitable institution in earlier assessment year could be allowed to be set off against income of subsequent years by invoking Section 11 - HELD THAT:- Delay of 862 days in filing the review petition is condoned. We have carefully gone through the review petition and the connected papers. We find no merit in the review petition and the same is, accordingly, dismissed.... ... ... Title: Supreme Court of India condones delay in filing review petition

Judges: L. Nageswara Rao and Vineet Saran, JJ.

Key Points:
- Delay of 862 days in filing review petition is condoned.
- Review petition and connected papers examined; found no merit.
- Review petition dismissed. Review petition - excess expenditure incurred by the trust/charitable institution in earlier assessment year could be allowed to be set off against income of subsequent years by invoking Section 11 - HELD THAT:- Delay of 862 days in filing the review petition is condoned. We have carefully gone through the review petition and the connected papers. We find no merit in the review petition and the same is, accordingly, dismissed. Commissioner of Income Tax (Exemption) Versus Subros Educational Society
Income Tax
2022 (2) TMI 582 - SC Order - TMI
SUPREME COURT OF INDIA - SC
Dated:- 11-1-2022
Review Petition (Civil) Diary No. 20745 of 2020 In Miscellaneous Application No. 941 of 2018 In Civil Appeal No. 5171 of 2016 - -
Income Tax
L. Nageswara Rao And Vineet Saran, JJ. ORDER Delay of 862 days in filing the review petition is condoned. We have carefully gone through the review petition and the connected papers. We find no merit in the review petition and the same is, accordingly, dismissed.
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