2021 (10) TMI 259

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....DER PER A. MOHAN ALANKAMONY, AM.: This appeal is filed by the assessee against the order of the Ld. CIT (A)-3, Hyderabad in appal No. 0890/ITO/Syp/CIT (A)-3/2014-15, dated 20/05/2019 passed U/s. 143(3) r.w.s 147 and U/s. 250(6) of the Act for the AY 2009-10. 2. The assessee has raised four grounds in its appeal and they are extracted herein below for reference:- "1. The order of ....

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....mit was explained. For reference, the relevant portion from the affidavit is extracted herein below: - "............During the relevant period the Chartered Accountant of the petitioner firm was pre-occupied with the prepareation and filing of return of income the last date for which was 31/8/2019. The order of the Ld. CIT (A) got mixed up with other filed and was lost sight off. When the....

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.... for the reasons submitted above.........." 4. On perusal of the affidavit filed by the assessee's Counsel We find that the delay of 122 days in filing of the assessee's appeal before the Tribunal has occurred due to the files being misplaced and ill health of the assessee's counsel. Hence I am of the view that though there is some negligence on the part of the assessee it deserves some lenienc....

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....8,22,000/- aggrieved by which the assessee is on appeal before us. 6. During the course of scrutiny assessment proceedings, it was revealed that the assessee has not maintained his books of accounts. It was also revealed that the assessee had sold built up space for Rs. 1,21,46,655/-. Since the assessee could not furnish sufficient details to determine the profit arising out of the sale of the ....