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Case lawHigh Court › M/s Kanoria Energy and Infrastructure Ltd v CCIT
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M/s Kanoria Energy and Infrastructure Ltd v CCIT

The Commissioner rejected my Form 10-IC condonation application as time-barred under Circular 17/2024, counting from the date of my application and ignoring that I had actually filed the Form years earlier. Is that right?

The Commissioner rejected my Form 10-IC condonation application as time-barred under Circular 17/2024, counting from the date of my application and ignoring that I had actually filed the Form years earlier. Is that right?

No. The Rajasthan High Court set aside the rejection, holding that it was legally unsustainable because it conflated the date of filing of Form 10-IC with the date of the formal condonation application. The Form having been filed on 30 January 2023, within three years of the end of AY 2020-21, and the s.115BAA option having been unambiguously exercised in the return itself, the delay was condoned and the matter remanded with a direction that the authority not consider delay or limitation again.

Decided by the High Court (Arun Monga J and Mahendar Kumar Goyal J) on 2026-05-04, reported as D.B. Civil Writ Petition No. 4556/2026; Neutral Citation 2026:RJ-JD:21098-DB (Rajasthan High Court, Jodhpur). It bears on section 115BAA, section 115BAA(5), section 119(2)(b), section 139(1), section 143(1), section 156 of the Income Tax Act 1961, in Assessment & Scrutiny and How Tax Law Is Read matters.

Validity check could not be completed. Validity check could not be completed. No search for later treatment was run, and paragraphs 6 to 15 were not read. The approach here sits uneasily with the Delhi High Court's application of the same para 5 of Circular No. 17/2024 in Mentaura Technologies Pvt Ltd v PCIT (29 April 2026), where the petition was dismissed as time-barred; the difference on the facts is that here the Form itself was on record within the three-year window.

Why it matters

This is the counterweight to the Delhi High Court's decision in Mentaura Technologies on the three-year bar in para 5 of Circular No. 17/2024, and the distinction it draws is one to plead expressly: the three-year period is measured against the act that matters, and where the Form itself went in within the window a condonation application filed later out of abundant caution should not be the thing that is timed out. The case also illustrates a fact pattern worth recognising — the option under s.115BAA had already been accepted in earlier appellate proceedings and the objection about Form 10-IC surfaced only during remand proceedings before the Assessing Officer. A second point the petitioner took, and which the Court did not need to decide separately, is that the material had in fact been furnished within time but at the local jurisdictional office rather than to the Chief Commissioner.

Binding within that High Court's jurisdiction. Persuasive elsewhere.

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