https://www.taxtmi.com/caselaws?id=760685 The Revenue's application for condonation of delay in re-filing the appeal was denied due to an excessive delay of 880 days. As a result, the appeal (ITA 525/2024) challenging the assessment order for AY 2007-08 was dismissed on grounds of limitation and merits. The disputed addition under Section 68 of the Income Tax Act, amounting to Rs. 8,46,11,456, was previously deleted by the CIT(A) and upheld by the ITAT, following established precedents. en-us Wed, 16 Oct 2024 00:00:00 +0530 Thu, 24 Oct 2024 16:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=760685 The Revenue's application for condonation of delay in re-filing the appeal was denied due to an excessive delay of 880 days. As a result, the appeal (ITA 525/2024) challenging the assessment order for AY 2007-08 was dismissed on grounds of limitation and merits. The disputed addition under Section 68 of the Income Tax Act, amounting to Rs. 8,46,11,456, was previously deleted by the CIT(A) and upheld by the ITAT, following established precedents. Case-Laws Income Tax Wed, 16 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=760685