https://www.taxtmi.com/caselaws?id=426723 The Appellate Tribunal considered the delay in filing the appeal under section 250 of the Income Tax Act, 1961, due to a Supreme Court order excluding a specific period for limitation purposes. The Tribunal found no delay and proceeded to decide on the merits. The Tribunal acknowledged the appellant's lack of proper opportunity for hearing before the Commissioner of Income Tax (Appeals) and directed a fresh adjudication. The Assessing Officer's consideration of undisclosed income was remanded for reevaluation based on additional evidence submitted by the appellant. The appeal dismissed by the CIT(A) was allowed for statistical purposes, with the issue remanded for a fresh adjudication. The Appellate Tribunal admitted additional evidence and allowed the appeal. en-us Mon, 22 Aug 2022 00:00:00 +0530 Wed, 24 Aug 2022 08:48:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=426723 The Appellate Tribunal considered the delay in filing the appeal under section 250 of the Income Tax Act, 1961, due to a Supreme Court order excluding a specific period for limitation purposes. The Tribunal found no delay and proceeded to decide on the merits. The Tribunal acknowledged the appellant's lack of proper opportunity for hearing before the Commissioner of Income Tax (Appeals) and directed a fresh adjudication. The Assessing Officer's consideration of undisclosed income was remanded for reevaluation based on additional evidence submitted by the appellant. The appeal dismissed by the CIT(A) was allowed for statistical purposes, with the issue remanded for a fresh adjudication. The Appellate Tribunal admitted additional evidence and allowed the appeal. Case-Laws Income Tax Mon, 22 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=426723