ARECANUT PROCESSING AND SALE CO-OPERATIVE SOCIETY vs. THE COMMISSIONER OF INCOME TAX

In the result, these petitions are allowed

Bench: Hon'Ble Mr. Justice Ram Mohan Reddy

201 ITR 501 (KAR) holding that the Chairman Central Board of Direct Taxes, for short ‘CBDT’, was empowered to condone the delay in cases relating to carry forward of 4 losses, disposed of the petition permitting the petitioner to approach the Commissioner who was required to consider the condonation of delay on refund application. 5. On remand, the 1st respondent

CENTRAL POWER RESEARCH INSTITUTE vs. UNION OF INDIA