Condonation of delay u/s 119(2)(b) for filing revised return to avail benefits u/s 44ADA

PCIT directed to consider condonation of delay u/s 119(2)(b) in filing revised return to availing benefits of section 44ADA In a recent case, the High Court quashed order u/s 119(2)(b) rejecting condonation of delay for filing revised return to claim refund by availing benefits of presumptive taxation u/s 44ADA of the Act ABCAUS Case Law Citation:5210 (2026) (08) abacus.in HC In the instant case, the for the assessment year 2019-20, the Petitioner while filing the return took the benefit of Section 44ADA of the Income Tax Act, 1961 (the Act) which provides for special provision for computing profits and gains The post Condonation of delay u/s 119(2)(b) for filing revised return to avail benefits u/s 44ADA appeared first on Abcaus .