https://www.taxtmi.com/caselaws?id=459459 An application to condone a 1,367-day delay was rejected because the explanation relied only on administrative grounds and was not a satisfactory justification, so the court declined to exercise discretion to condone the delay. The note also records that the transfer pricing issue on whether a foreign associated enterprise may be a tested party was already covered by earlier Calcutta High Court rulings, including Almatis Alumina and ITC Infotech, so the appeal was not admitted on the merits either. en-us Mon, 11 Mar 2024 00:00:00 +0530 Fri, 13 Dec 2024 19:06:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=459459 An application to condone a 1,367-day delay was rejected because the explanation relied only on administrative grounds and was not a satisfactory justification, so the court declined to exercise discretion to condone the delay. The note also records that the transfer pricing issue on whether a foreign associated enterprise may be a tested party was already covered by earlier Calcutta High Court rulings, including Almatis Alumina and ITC Infotech, so the appeal was not admitted on the merits either. Case-Laws Income Tax Mon, 11 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=459459