https://www.taxtmi.com/caselaws?id=790049 A bona fide mistake by the tax consultant constituted sufficient cause for condonation of delay, and the Tribunal applied a liberal, justice-oriented construction to admit the appeal. Reopening after a completed section 143(3) assessment beyond four years was invalid because the recorded reasons showed only reappraisal of existing revenue records, with no new tangible material and no specific allegation that the assessee failed to disclose fully and truly all material facts. The reassessment was quashed and the appeal succeeded. en-us Wed, 08 Apr 2026 00:00:00 +0530 Sat, 18 Apr 2026 08:22:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=790049 A bona fide mistake by the tax consultant constituted sufficient cause for condonation of delay, and the Tribunal applied a liberal, justice-oriented construction to admit the appeal. Reopening after a completed section 143(3) assessment beyond four years was invalid because the recorded reasons showed only reappraisal of existing revenue records, with no new tangible material and no specific allegation that the assessee failed to disclose fully and truly all material facts. The reassessment was quashed and the appeal succeeded. Case-Laws Income Tax Wed, 08 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=790049