Court Condones 27-Month Delay Due to Excise Attachment, Imposes Rs. 50,000 Cost for Unfair Assessment Actions.

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....Condonation of delay of 27 months - factory premises was under attachment by the Excise department - Neither the AO has acted in a fair manner nor the assessee has prosecuted its income tax proceedings before the ld.Revenue authorities diligently - If something has been done illegally against it, then that illegality should not be regularized on account of technicalities - condoned the delay subject to cost of ₹ 50,000/-.....