Form 10B Delay Condonation: Liberal Approach Needed; HC Sets Aside Strict Dismissal

Joharimal High School Vs PCIT (Exemptions) (Orissa High Court) The Orissa High Court addressed a second round of litigation initiated by Joharimal High School concerning the rejection of their application for condonation of delay in filing Form-10B under Section 119(2)(b) of the Income Tax Act. The initial rejection was based on a technicality, as the form was mistakenly submitted as Form-10BB. Upon the petitioner’s challenge, the High Court previously directed the authority to treat the application as filed under Form-10B and proceed with the matter. However, in the subsequent impugned ...