2016 (12) TMI 1901

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....d by 3 days and assessee has explained that the order of CIT (A) was received only on 17-02-2014 and appeal before the Hon'ble Tribunal is to be filed on or before 18-04-2014. According to him, on 18-04-2014 being a gazette holiday (Good Friday), the next two days i.e. 19-04-2014 and 20-04-2014 being Saturday and Sunday, again holidays, the assessee filed the appeal on Monday i.e. 21-04-2015 and thereby there is no delay. We find form the reply of the assessee that this appeal of assessee is not a time barred appeal. Hence the same is admitted. 3. At the outset, the learned Counsel for the assessee filed a copy of Tribunals order in ITA no. 4355/Mum/2011, whereby the order of CIT-8, Mumbai for the A.Y. 2006-07 was quashed vide order dated ....

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....n the audit objection raised by the internal audit party team. The A.O. has categorically replied vide letter no. ACIT/Circle-8(3)/Audit Objection / 2009-10 dated 19-08-2009 to the objections raised by the internal audit party objections and dismissed audit objections by replying on each and every issue on merit which clearly reflects that the AO has gone through every issue on merits and applied his mind before passing assessment orders and the decisions was taken by the AO on merits before passing assessment order. With respect to non-deduction of TDS on usance interest, the AO while replying to audit objection has sought permission to invoke provisions of Section 154 of the Act to rectify the mistake apparent from record. The assessee in....