Appeal Dismissed Due to 466-Day Delay; Financial Difficulties Not Accepted as Justification by Appellate Tribunal.

Appeal Dismissed Due to 466-Day Delay; Financial Difficulties Not Accepted as Justification by Appellate Tribunal. https://www.taxtmi.com/highlights?id=80027 Delay of 466 days in filing appeal deemed inordinate and unexplained. Financial crunch cited as ground for delay not accepted as satisfactory, given appellant received substantial amount u/s 36(4)(a)(iii). Adjudicating authority rightly rejected plea for condonation of delay. Appeal dismissed by Appellate Tribunal on ground of limitation, not warranting interference. en-us Fri, 02 Aug 2024 08:11:51 +0530 Fri, 02 Aug 2024 08:11:51 +0530 TaxTMI RSS Generator Appeal Dismissed Due to 466-Day Delay; Financial Difficulties Not Accepted as Justification by Appellate Tribunal. https://www.taxtmi.com/highlights?id=80027 Delay of 466 days in filing appeal deemed inordinate and unexplained. Financial crunch cited as ground for delay not accepted as satisfactory, given appellant received substantial amount u/s 36(4)(a)(iii). Adjudicating authority rightly rejected plea for condonation of delay. Appeal dismissed by Appellate Tribunal on ground of limitation, not warranting interference. Highlights Insolvency and Bankruptcy Fri, 02 Aug 2024 08:11:51 +0530 https://www.taxtmi.com/highlights?id=80027