2026 (1) TMI 296

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....sessee filed an affidavit dated 16th July, 2025 before the ITAT in support of condonation of delay of 52 days mentioning that being nonresident Indian, living in Singapore, he could not follow the order passed by the ld. CIT(Appeals) from ITBA Portal due to oversight as the appellate order was passed after a long gap on 13.03.2015. When he came to know, he immediately approached the ld. A.R. to prefer an appeal, due to that there was a delay of 52 days in filing the appeal before the Tribunal. Therefore, he pleaded to condone the delay in the appeal. 3. Considering the facts and circumstances of the case, I am of the view that the assessee was prevented in filing the appeal within the stipulated time. Therefore, I am inclined to condone ....

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....ions made during the relevant financial year along with contract notes and details of demat account maintained during the year 2010-11. In response, the assessee neither appeared nor submitted any documents as asked for in the notice under section 142(1) dated 22.09.2018. Getting no satisfactory explanation, ld. Assessing Officer treated the amount of Rs. 4,74,000/- as unexplained cash credit relating to bogus share transaction under section 68 of the Income Tax Act and added to the total income of the assessee. On being aggrieved, the assessee preferred an appeal before the ld. CIT(Appeals). 5. The ld. CIT(Appeals) set aside the order passed by the ld. Assessing Officer under section 144/147 of the Act dated 12.12.2018 for fresh assessm....