TaxTMI 
TaxTMI 
2025 (1) TMI 1129
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....the Petitioner: Mr Nishit Gandhi a/w Ms Aadnya C Bhandari,. For the Respondents: Mr Dinesh R Gulabani a/w Mr. Vibhor D Gulabani,. ORAL JUDGEMENT :- (PER M.S. SONAK, J ) 1. Heard Ms. Aadnya Bhandari and Mr. Nishit Gandhi for the Petitioner and Mr. Gulabani for the Respondents. 2. Rule. The rule is made returnable immediately at the request of and with the consent of learned co....
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....pointed out that the cited reasons could not constitute sufficient cause since the Petitioner trust was old and presumed to know the rules and regulations. He pointed out that this reconstruction and redevelopment did not prevent the Petitioner trust from undertaking its routine activities. Therefore, this reason could not now be cited as a cause for not filing Form-10B within the prescribed limit....
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....ning of the trust office, entailing a marginal delay of 15 days in filing Form-10B, a case of sufficient cause was made out. 8. The impugned order notes that if the condonation had pertained to F.Y.2018-19, then the reason now cited by the trust could have been accepted. However, since the delay pertains to A.Y. 2022-23, this cause cannot be accepted. Since there is no dispute that the reconstr....
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....any undue and undeserved advantage due to its own delay. In that case, the authorities are expected to consider the cause shown. In a matter where the delay is not inordinate, the liberal approach could be adopted. 10. Even assuming that in tax matters, the liberal approach should not be readily adopted given the importance of the timelines, still, even on a conservative basis, this is a matter....