2016 (6) TMI 336

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....M No. 20754 of 2016(exemption) 1. Allowed subject to all just exceptions. CM No. 20753 of 2016(for condonation of delay) 2. There is a delay of 1100 days in filing the appeal. The explanation offered is the standard one regarding the practice directions issued by this Court for e-filing of the appeals. As has already been observed by this Court in several orders, the practice directions were is....

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.... common to AYs 2006-07 and 2007-08 as well, the appeal has also been examined on merits. 5. The question sought to be urged is whether the ITAT was justified in relying on the judgment of this Court in Maxopp Investment Ltd. v. CIT (2012) 347 ITR 272 (Del) to hold that the Assessing Officer ('AO') is required to record reasons why he was not accepting the expenditure as calculated by the Assessee....