Section 119(2)(b) Application cannot be rejected citing vague & arbitrary reasons

Amit Hospital Pvt Ltd Vs PCIT (Gujarat High Court) Introduction: The Gujarat High Court, led by Hon’ble Chief Justice Sunita Agrawal and Hon’ble Justice AP Mayee, delivered a significant judgment in the case of Amit Hospital Pvt Ltd vs PCIT. The ruling emphasizes that applications under Section 119(2)(b) of the Income Tax Act, 1961 cannot be dismissed using vague and arbitrary reasons, specifically citing the absence of genuine hardship to the petitioner. The court further notes that rejection on merits is unwarranted when the delay in filing the income tax return is not condoned. Detailed...