2022 (6) TMI 1418

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....enue : Shri M.K.Gautam, ORDER This is an appeal filed by the assessee against the order of the  CIT(A), National Faceless Appeal Centre (NFAC), Delhi dated 19.3.2021 in Appeal No.CIT(A), Cuttack /10165/2019-20 for the assessment year 2016-17. 2. The appeal is barred by limitation by 87 days. The assessee has filed condonation petition, stating therein that due to shutdown and lockdow....

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....he assessee and Shri M.K.Gautam, ld CIT DR appeared for the revenue. 6. It was submitted by ld AR of the assessee that the audit report of the assessee was not submitted in time because same was received belatedly from the statutory auditors, who are to do the audit of the assessee as per the Co-operative Society Act. It was the submission that the delay in getting the report of audit done by t....

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....ting the audit report was on account of delay in obtaining audit report from the statutory auditors. It is fairly admitted that the statutory auditors is appointed by the Registrar of Co-operative Societies and not by the assessee. This being so, we are of the view that the assessee has sufficient and reasonable cause for delay in obtaining the audit report. It is also an admitted fact that the au....