Delay in filing return due to genuine hardship faced by tax consultant eligible for condonation

Bhatewara Associates Manik Vs Union of India (Bombay High Court) Bombay High Court held that genuine hardship faced by the tax consultant which led to omission of timely filing of petitioner’s return sufficient cause for condonation of delay under section 119(2)(b) of Income Tax Act. Facts- The petitioner under a joint venture with M/s. Sanghvi Premise Pvt. Ltd. developed a housing project which was entitled for deduction u/s 80IB(10) of the Income Tax Act. Deduction u/s 80IB(10) was duly granted for A.Y. 2010-11, 2012-13 and 2013-2014. However, in case of petitioner for A.Y. 2011-2012 the ...