https://www.taxtmi.com/caselaws?id=307794 The Tribunal dismissed the Miscellaneous Applications (M.As) filed by the assessees as they were barred by limitation and lacked sufficient cause for the delay. The Tribunal reiterated its inability to condone delays beyond the prescribed period of four years under Section 254(2). The assessees' failure to challenge the dismissal order before the High Court resulted in the finality of the Tribunal's decision. This case emphasizes the importance of complying with statutory timelines and the limited scope for condoning delays in legal proceedings. en-us Fri, 15 Jul 2016 00:00:00 +0530 Mon, 08 May 2023 15:16:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=307794 The Tribunal dismissed the Miscellaneous Applications (M.As) filed by the assessees as they were barred by limitation and lacked sufficient cause for the delay. The Tribunal reiterated its inability to condone delays beyond the prescribed period of four years under Section 254(2). The assessees' failure to challenge the dismissal order before the High Court resulted in the finality of the Tribunal's decision. This case emphasizes the importance of complying with statutory timelines and the limited scope for condoning delays in legal proceedings. Case-Laws Income Tax Fri, 15 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=307794