2021 (1) TMI 464

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....fied with the reasons given by ACIT, Circle 1, Kadapa vide letter dt. 26.09.2018, the delay is condoned. The Cross Objection by the assessee is filed with a delay of 169 days and in the Petition for Condonation of delay, the assessee submitted that the order of CIT(A) was addressed to his home in his native place at Kadapa, whereas the assessee was temporarily residing at Mumbai at that point of time and therefore, the postal cover which was redirected, reached him only on 01.09.2018 and thereafter, he returned to Hyderabad and got the C.O. prepared resulting in a delay of 169 days. Considering the reasonableness of the reasons for the delay, we condone the said delay and proceed to adjudicate the appeal of Revenue as well as C.O. by ass....

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....alance amount also. 4. Ld. DR submitted that assessee has not filed any details either before the AO or before the CIT(A), and, therefore, the CIT(A) was wrong in estimating the income at 7% of gross receipts. Ld. DR submitted that in the absence of any evidence or material in support of the expenditure claimed by the assessee, the entire receipts have been rightly brought to tax by the AO. 5. Ld. Counsel for the assessee, on the other hand, supported the orders of the CIT(A) as far as estimation of income is concerned, and contended that the AO has treated the entire gross receipts as income of the assessee whereas the CIT(A), by taking into consideration the ITAT decision in assessee's own case for the AY 2006-07 and 2007-08, wh....