2025 (5) TMI 717

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.... Kullar with Mr Pranndy Dey, Advocates. For the Respondents Through: Mr Gaurav Gupta, SSC with Mr Shivendra Singh and Mr Yojit Pareek, JSCs. VIBHU BAKHRU, J. (ORAL) CM No.25679/2025 (for exemption) 1. Exemption is allowed, subject to all just exceptions. 2. The application is disposed of. W.P.(C) 5635/2025 & CMNo.25678/2025 3. Issue notice. The learned counsel for the responde....

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.... the FORM 10BB for the Assessment Year 2020-21; C) issue a Writ of certiorari/ mandamus or any other appropriate Writ/ order/ direction against the Respondents to not initiate any proceedings under the Income Tax-Act, 1961 qua the Petitioner pending adjudication of the application for condonation of delay in filing the FORM 10BB u/s 119 (2) (b) of the Income Tax Act, 1961 for the Assessme....

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....etitioner had also filed its return of income for AY 2020-21 on 15.02.2021 along with a report in the Form 10BB of the Act. Whilst the income tax return was within time, there was a delay of 31 (thirty-one) days in filing the Form 10BB, which was required to be filed at least one month prior to the return. 8. The petitioner submits that there were mitigating circumstances resulting from the out....

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....pect of the said application. The petitioner filed another application on 19.12.2024, which has been dismissed by the impugned order. 10. The petitioner states that if its earlier application, which is for the same relief, is considered then the objection that the petitioner had not applied within a period of three years would not hold good. 11. The learned counsel appearing for the Revenue ....