2021 (2) TMI 708

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.... Member ( J ) Appellant, M/s. Jay Gee Overseas P. Ltd., (hereinafter referred to as 'the assessee') by filing the present appeal sought to set aside the impugned order dated 28.04.2017 passed by the Commissioner of Income-tax (Appeals)-5, Delhi qua the assessment year 2012-13 on the grounds that:- "1. That the order passed by the CIT (A) is bad in law and against the principle ....

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....l income and consequently proceeded to invoke the provisions contained under section 14A of the Income-tax Act, 1961 (for short 'the Act') and thereby made disallowance of Rs. 73,703/-. AO also made addition of Rs. 3,38,852/-on account of cessation of liability qua the amount due towards sundry creditors on failure of the assessee to furnish any proof to support that liability still exists....

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.... 6. Bare perusal of the impugned order passed by the ld. CIT(A) goes to show that the appeal before the ld. CIT (A) was filed with delay of 480 days. Ld. CIT (A) has declined to condone the delay by dismissing the appeal in limine. Assessee put forth divorce/ matrimonial/penal proceedings filed by his daughter-in-law against the entire family which have not been accepted by the ld. CIT (A) and di....