https://www.taxtmi.com/caselaws?id=415028 The Tribunal admitted the appeal for adjudication on merits, considering the reasonable cause for the delay in filing the appeal due to the COVID-19 pandemic. The Tribunal addressed the issues of jurisdiction under section 263, adequate opportunity in passing the order, and the verification of unsecured loans, providing detailed analysis and directions for further consideration by the ld. PCIT. The appeal was allowed for statistical purposes. en-us Thu, 28 Oct 2021 00:00:00 +0530 Wed, 24 Nov 2021 06:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=415028 The Tribunal admitted the appeal for adjudication on merits, considering the reasonable cause for the delay in filing the appeal due to the COVID-19 pandemic. The Tribunal addressed the issues of jurisdiction under section 263, adequate opportunity in passing the order, and the verification of unsecured loans, providing detailed analysis and directions for further consideration by the ld. PCIT. The appeal was allowed for statistical purposes. Case-Laws Income Tax Thu, 28 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=415028