Court Overturns Tax Return Delay Rejection, Citing Lack of Reasoning; Case Remanded for Reassessment by Tax Authority.

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....Condonation of delay in filing income tax return (ITR) - Rejection of application made u/s 119(2)(b) - The High court found that the PCIT's order lacked reasoning and did not fulfill the legislative mandate of Section 119(2)(b) of the Income Tax Act, which is designed to address genuine hardship. The court emphasized the importance of reasoned orders and, citing relevant judicial precedents, set aside the impugned order. The matter was remanded to the PCIT for fresh consideration.....