Failed to State Reasonable Cause of Delay: Supreme Court refuses to Condone Delay in Filing Review Petition against Income Tax Order

The Supreme Court of India declined to condone the delay in filing a review petition against an income tax order as the revenue department failed to provide a reasonable cause for the delay. The petitioner, the revenue department, initially filed a Special Leave Petition (SLP) and a review petition against the Bombay High Court's order favoring the assessee, Reliance Industries Limited. \r

The petitioner contested the withdrawal of a communication regarding the eligibility of tax dispute resolution under the Direct Tax Vivad Se Vishwas Act 2020. The High Court accused Reliance Industries of conspiring to commit offences under the Prevention of Corruption Act, which affected the monies intended for the Income Tax. \r

Justices B V Nagarathna and Ujjal Bhuyan dismissed the review petition, finding no error on the face of the record, and also rejected the condonation of delay application for a 331-day delay in filing the review petition.