Orissa HC Condones 1 Hour, 19 Minutes, 16 Seconds Delay in Audit Report Upload

Silicon Institute of Technology Vs CIT (Orissa High Court)

The Orissa High Court recently addressed a petition filed by Silicon Institute of Technology against the Commissioner of Income Tax (CIT). The institute, a trust exempt from income tax, had filed its audit report under the Income Tax Act, 1961, with a delay of 1 hour, 19 minutes, and 16 seconds. The CIT rejected the report, citing insufficient reasons for the delay, as per Section 119(2)(b) of the Act and a CBDT circular. Silicon Institute’s counsel argued that the delay was due to a technical g

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