Delay Condoned Due to CIRP as Genuine Hardship Recognized by Gujarat HC

Technovaa Plastic Industries Private Limited Vs Central Board Of Direct Taxes & Ors. (Gujarat High Court) The Gujarat High Court considered a petition challenging an order passed by the Central Board of Direct Taxes (CBDT) rejecting an application for condonation of delay in filing income tax returns for Assessment Years 2018–19 and 2019–20 under Section 119(2)(b) of the Income Tax Act, 1961. Read SC Judgment in this case: SC Dismisses Appeal Due to Delay: IBC Resolution Plan Prevails Over Tax Filing Delay The petitioner company had undergone Corporate Insolvency Resolution Process (C...