CIT empowered to Condone Delay in Filing Return u/s 119 (2)(b): Kerala HC

Marayamuttom Service Co-Operative Bank Ltd Vs ITO (Kerala High Court)

Introduction: In a recent judgment, the Kerala High Court addressed a crucial aspect of income tax return filing. The case, titled ‘Marayamuttom Service Co-Operative Bank Ltd vs. ITO,’ dealt with the power of the Commissioner of Income Tax (CIT) to condone delays in filing income tax returns under Section 119(2)(b) of the Income Tax Act. This article explores the key details and implications of this judgment.

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