https://www.taxtmi.com/caselaws?id=294781 The Tribunal condoned the delay of 123 days in filing the appeal, considering the reasons as bona fide and reasonable. The appeal was admitted for adjudication. Regarding the validity of the CIT's order under Section 263, the Tribunal found the order unsustainable as it did not establish how the assessment was prejudicial to revenue. The appeal was allowed, setting aside the CIT's order. en-us Wed, 24 Apr 2019 00:00:00 +0530 Mon, 03 May 2021 08:16:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=294781 The Tribunal condoned the delay of 123 days in filing the appeal, considering the reasons as bona fide and reasonable. The appeal was admitted for adjudication. Regarding the validity of the CIT's order under Section 263, the Tribunal found the order unsustainable as it did not establish how the assessment was prejudicial to revenue. The appeal was allowed, setting aside the CIT's order. Case-Laws Income Tax Wed, 24 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=294781