https://www.taxtmi.com/caselaws?id=214784 The ITAT allowed the condonation of a 20-day delay in filing the appeal, noting no deliberate attempt to delay. However, it upheld the disallowance of expenses not related to rental income and financial expenses due to lack of satisfactory explanations. The ITAT directed the Assessing Officer to reexamine the financial expenses issue after the appellant provided necessary details, emphasizing the importance of supporting expense claims with evidence and thorough verification by the Assessing Officer. en-us Fri, 22 Jun 2012 00:00:00 +0530 Sat, 16 Apr 2016 10:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=214784 The ITAT allowed the condonation of a 20-day delay in filing the appeal, noting no deliberate attempt to delay. However, it upheld the disallowance of expenses not related to rental income and financial expenses due to lack of satisfactory explanations. The ITAT directed the Assessing Officer to reexamine the financial expenses issue after the appellant provided necessary details, emphasizing the importance of supporting expense claims with evidence and thorough verification by the Assessing Officer. Case-Laws Income Tax Fri, 22 Jun 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=214784