Delhi HC Orders Swift Resolution of 7-Year Delayed Rectification Application

Intertek India Private Limited Vs ACIT (Delhi High Court) Introduction: The recent judgment by the Delhi High Court in the case of “Intertek India Private Limited Vs ACIT” sheds light on the importance of timely disposal of rectification applications under the Income Tax Act, 1961. The court’s directive to dispose of the application within four weeks has raised questions about the prolonged delay in this case. Detailed Analysis: The crux of the petitioner’s grievance revolves around the inordinate delay in processing their rectification application, dated 25.05.2016. A...