https://www.taxtmi.com/caselaws?id=328627 The Court refused to condone the extraordinary delay of 1100 days in filing the appeal, emphasizing timely compliance with procedural requirements. Regarding the merits of the appeal on tax effect and interpretation of law, the Court upheld the ITAT's decision based on a previous judgment, emphasizing the necessity for the AO to provide reasons for rejecting the Assessee's expenditure calculation. As the AO failed to do so, the Court found no substantial question of law for consideration and dismissed the appeal due to the significant delay in re-filing and on merits. en-us Fri, 27 May 2016 00:00:00 +0530 Thu, 09 Jun 2016 19:28:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=328627 The Court refused to condone the extraordinary delay of 1100 days in filing the appeal, emphasizing timely compliance with procedural requirements. Regarding the merits of the appeal on tax effect and interpretation of law, the Court upheld the ITAT's decision based on a previous judgment, emphasizing the necessity for the AO to provide reasons for rejecting the Assessee's expenditure calculation. As the AO failed to do so, the Court found no substantial question of law for consideration and dismissed the appeal due to the significant delay in re-filing and on merits. Case-Laws Income Tax Fri, 27 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=328627