ITAT Condones Delay, Directs CIT(A) to Re-examine Appeal on Merits in Unexplained Fixed Deposit Case [Read Order]

The tribunal, after hearing both parties, found that the appellant had provided reasonable explanations for the delay in filing the appeal
Income tax condones delay - Unexplained fixed deposit - taxscan

In a recent ruling, the Income Tax Appellate Tribunal (ITAT) Pune Bench directed the Commissioner of Income Tax (Appeals) CIT(A) to condone the delay in filing the appeal and re-examine the case on its merits. The appeal, filed by Shrirang Dattatraya Altekar against the order of the CIT(A)-National Faceless Appeal Centre (NFAC), Delhi, pertained to…

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