https://www.taxtmi.com/caselaws?id=242227 The court refused to reopen an assessment under Section 147 of the Income Tax Act based on a subsequent court pronouncement. Despite a Special Leave Petition and an Application for Condonation of Delay, the court dismissed the petition due to an unexplained delay of 264 days. The Appeal filed 705 days later lacked cogent reasons for the delay, leading to the court's refusal to condone the delay and subsequent dismissal of the Appeal. The court emphasized the importance of providing valid reasons for delays in filing appeals and applications for condonation of delay. en-us Tue, 24 Dec 2013 00:00:00 +0530 Thu, 09 Jan 2014 10:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242227 The court refused to reopen an assessment under Section 147 of the Income Tax Act based on a subsequent court pronouncement. Despite a Special Leave Petition and an Application for Condonation of Delay, the court dismissed the petition due to an unexplained delay of 264 days. The Appeal filed 705 days later lacked cogent reasons for the delay, leading to the court's refusal to condone the delay and subsequent dismissal of the Appeal. The court emphasized the importance of providing valid reasons for delays in filing appeals and applications for condonation of delay. Case-Laws Income Tax Tue, 24 Dec 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242227