Minor COVID-19 Delay Condoned; HC Directs Return Reprocessing with Exemption Benefits

Dakuben Saremalji Sancheti (Nadol Charitable Trust) Vs CIT Exemptions (Bombay High Court) The writ petition challenged two orders dated 6 March 2025 passed under Section 119(2)(b) of the Income-tax Act, 1961, whereby the application filed by a charitable trust for condonation of delay in filing Form No. 10 and Form No. 10B for Assessment Year 2020–21 was rejected. The rejection was based solely on Circular No. 16/2024 dated 18 November 2024, which prescribed a three-year limitation for entertaining such applications. The rejection resulted in denial of exemption to the trust. During the pend...