Political contribution deductions require genuine transactions; banking records and party registration alone cannot defeat evidence of accommodation e...
Post-death GST liability permits fresh proceedings against legal representatives, while discontinued-business recovery remains limited to the inherite...
Non-confirmation of FEMA seizure prevents adjudicators from overriding pending appellate findings on recorded reasons and suspected foreign asset hold...
Condonation of delay - delay of 1607 days in filing the appeal by the assessee before ITAT - The Tribunal acknowledged the significant delay but emphasized that the length of the delay should not be the sole determining factor. It considered the reasons provided by the assessee, including ill health and financial stress, and compared the delay to similar cases where longer delays had been condoned. Ultimately, the Tribunal found sufficient cause for the delay and decided to condone it. - Regarding the addition u/s 69, the Tribunal noted that the orders of the AO and CIT(Appeals) were ex-parte. It directed the case to be restored to the file of the Assessing Officer for fresh adjudication.
Condonation of delay - delay of 1607 days in filing the appeal by the assessee before ITAT - The Tribunal acknowledged the significant delay but emphasized that the length of the delay should not be the sole determining factor. It considered the reasons provided by the assessee, including ill health and financial stress, and compared the delay to similar cases where longer delays had been condoned. Ultimately, the Tribunal found sufficient cause for the delay and decided to condone it. - Regarding the addition u/s 69, the Tribunal noted that the orders of the AO and CIT(Appeals) were ex-parte. It directed the case to be restored to the file of the Assessing Officer for fresh adjudication.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
