Case of Vrg Electronics Pvt Ltd vs PCIT, HC Delhi Judgement Dated 9st April 2026. High Court ruled that CBDT Circular 11/2024 regarding the condonation of delays (under Section 119(2)(b)) applies to all genuine cases, regardless of the Assessment Year. The court quashed the PCIT order, finding that an accountant lapse causing a delay in filing Form 10-IC constitutes a genuine hardship, not a reason to deny tax benefits. It held that circulars meant for mitigating genuine hardship cannot be restricted to specific years.