Powers to condone delay u/s 119(2)(b) must be judiciously exercised to avoid undue hardship
December 26, 2024
High Courts, Income Tax
Powers and statutory discretion conferred on the commissioner of income tax to condone delay u/s 119(2)(b) ought to be judiciously exercised so that undue hardship to the assessee is avoided – High Court In a recent judgment, Hon’ble Bombay High Court has observed that powers and statutory discretion …