https://www.taxtmi.com/caselaws?id=772766 ITAT Bangalore condoned a 450-day delay in filing an appeal, prioritizing substantial justice over technical considerations. The Tribunal held that when reasonable cause exists for delay, the duration becomes irrelevant, citing precedent where 21 years delay was condoned. Regarding unaccounted cash, the Tribunal remanded the matter to AO for fresh consideration, providing the assessee an opportunity to represent their case. However, due to the assessee's negligence in pursuing the matter, the Tribunal imposed a cost of Rs. 5,000 payable to the income tax department within one month. en-us Tue, 22 Apr 2025 00:00:00 +0530 Thu, 12 Jun 2025 16:19:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=772766 ITAT Bangalore condoned a 450-day delay in filing an appeal, prioritizing substantial justice over technical considerations. The Tribunal held that when reasonable cause exists for delay, the duration becomes irrelevant, citing precedent where 21 years delay was condoned. Regarding unaccounted cash, the Tribunal remanded the matter to AO for fresh consideration, providing the assessee an opportunity to represent their case. However, due to the assessee's negligence in pursuing the matter, the Tribunal imposed a cost of Rs. 5,000 payable to the income tax department within one month. Case-Laws Income Tax Tue, 22 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=772766