Gujarat High Court Allows Petition Challenging Rejection of Delay Condonation Under Section 119(2)(b) of Income Tax Act, 1961 — Mistaken Belief Regarding Audit Requirement Constitutes Genuine Hardship. The court held that the Principal Commissioner erred in rejecting the application without considering the bona fide mistake based on professional advice, and directed condonation of delay.
23 Mar 2026The petitioner, RAR Properties, a firm engaged in the business of developing Special Economic Zones, filed a petition under Article 226 of the Constit...
