2024 (2) TMI 1429

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....r appellant Ms. Swapna Das, Adv. Mr. Siddhertha Das, Adv. ...for respondent. ORDER The Court :- We have heard learned Counsel on either side. It appears that there is a delay of 117 days in filing the appeal. We have perused the affidavit filed in support of the application for condonation of delay and we are satisfied with the explanation offered for not preferring the appeal within the pe....

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....al and that too of capital nature ?" We have elaborately heard the learned Advocates for the parties and carefully perused the materials on record. The legal issue involved in this appeal is squarely covered by the decision of three High Courts in favour of the assessee. The first of which is in the case of CIT v.PVP Ventures Ltd. [2012] 23 taxmann.com 286 and followed by the decision in CIT-v.....