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Facts
The Revenue filed an appeal against an order from the National Faceless Appeal Centre. The CIT(A) had previously condoned a one-day delay by the assessee in filing Form 10B and allowed their appeal.
Held
The Tribunal considered the arguments of the Ld. DR and CBDT Circular No. 16/2022, finding no valid reason to interfere with the order of the Ld. CIT(A). Consequently, the Revenue's appeal was dismissed.
Key Issues
Whether the CIT(A) was correct in condoning a one-day delay in filing Form 10B, and if the Tribunal should interfere with that decision given CBDT Circular No. 16/2022.
Sections Cited
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Income Tax Appellate Tribunal, DELHI BENCH ‘C’, NEW DELHI
Before: Dr. B. R. R. Kumar, Sh. Anubhav Sharma
ORDER
Per Dr. B. R. R. Kumar, Accountant Member:
The present appeal has been filed by the Revenue against the order of National Faceless Appeal Centre (NFAC), Delhi dated 18.07.2023.
On going through the record, we find that the ld. CIT(A) has allowed the appeal of the assessee in filing of Form 10B late by just one day.
After hearing the arguments of the ld. DR and also after considering the CBDT Circular No. 16/2022, in the wider interest of justice, we find no valid reason to interfere with the order of the ld. CIT(A).
Jyoti Samajik Sewa Sanstha 4. In the result, the appeal of the Revenue is dismissed. Order Pronounced in the Open Court on 21/06/2024.