Stamp Duty Valuation Dispute: ITAT Condones 111-Day Delay in Interest of Fairness, Restores Matter [Read Order]

The tribunal observed that the CIT(A) did not give reasons for not condoning the delay for filing the appeal
Stamp Duty - Stamp Duty Valuation Dispute - ITAT - ITAT Condones - Delay in Interest of Fairness - Interest of Fairness - Restores Matter - taxscan

The Pune Bench of the Income Tax Appellate Tribunal (ITAT) condoned a 111-day delay in filing an appeal citing the interest of fairness and restored the matter for fresh adjudication. Vaibhav Vishwanath Surve (assessee) had not filed an Income Tax Return. There was information that the assessee had sold immovable property with three others. The…

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