Belated Filing Of Form 9A Is Not Attributable To Trust: Bombay HC Allows Exemption U/S 11 After Condoning Delay Under IT Act

The ITAT ruled that the discretion given to Commissioners under section 119(2)(b) of the Income Tax Act for condoning delays should be exercised judiciously, to avoid undue hardship to taxpayers. The case involved an appeal where the Commissioner had rejected a request for delay condonation. The Tribunal emphasized that such discretion should be used to ensure fairness and mitigate the burden on taxpayers facing valid reasons for delay in filing appeals.