2025 (9) TMI 101

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....RDER PER RAJESH KUMAR, AM: This is an appeal preferred by the revenue against the order of the National Faceless Appeal Centre, Delhi (hereinafter referred to as the "Ld. CIT(A)"] dated 30.09.2024 for the AY 2016-17. 02. The appeal of the Revenue is time barred by 19 days. Considering the facts and circumstances of the case, we find that there are sufficient and plausible reasons to condo....

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.... the Hon'ble Calcutta High Court in case of Exide Industries Ltd. v. Union of India [2007] 292 ITR 470 (Cal.), whereas the Supreme Court subsequently reversed the decision in Union of India v. Exide Industries Ltd. [2020] (Civil Appeal No. 3545 of 2009), (116 taxmann.com 378). 05. After hearing the rival contentions and perusing the materials available on record, we observe that in the asse....