https://www.taxtmi.com/caselaws?id=310237 The High Court of Calcutta allowed the application to condone the delay in filing the appeal due to a sufficient cause found in the affidavit. The main issue revolved around the interpretation of Section 153C of the Income Tax Act, 1961, specifically whether the Assessing Officer was justified in invoking his power under the said section. The Court, after considering relevant case law, dismissed the appeal as it found no substantial question of law arising for consideration in the case, leading to the closure of the stay application. en-us Mon, 05 Sep 2022 00:00:00 +0530 Fri, 13 Oct 2023 09:02:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=310237 The High Court of Calcutta allowed the application to condone the delay in filing the appeal due to a sufficient cause found in the affidavit. The main issue revolved around the interpretation of Section 153C of the Income Tax Act, 1961, specifically whether the Assessing Officer was justified in invoking his power under the said section. The Court, after considering relevant case law, dismissed the appeal as it found no substantial question of law arising for consideration in the case, leading to the closure of the stay application. Case-Laws Income Tax Mon, 05 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=310237