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Income Tax Appellate Tribunal, MUMBAI BENCHES “G”, MUMBAI
Before: SHRI B.R.BASKARAN (AM) & SHRI RAM LAL NEGI (JM)
This appeal has been preferred by the appellant/assessee against order dated 15/04/2014 passed by the Ld. CIT(Appeals)-26 Mumbai for the Asst. Year 2010-11.
The assessee has raised the following grounds of appeal:-
The “Learned ACIT” has erred in disallowing the following Expenses. Interest on TDS & Service Tax - Rs. 1,16,497/- Bad Debts - Rs. 7,84,985/- Work-in progress - Rs. 66,23,082/-
The “Learned ACIT” disallowed the interest expenses u/s 37(1) treating it is Penalty and other two expenses treating them as vague.
The case was called for hearing, however, neither the assessee nor any authorized representative on behalf of the assessee appeared. Registry has pointed out that the appeal is barred by limitation. We notice that the assessee has not filed any application for condonation of delay of 105 days in filing the present appeal, but has submitted an affidavit of Mr. Shashank Chaturvedi partner of M/s. Good Morning, stating therein that due to unpredictable as well as busy schedule of his Chartered Accountants, the appeal could not filed within the prescribed time limit.
We find that the assessee has not given proper reason for delay in filing the present appeal. Hence, we hold that the present appeal is not maintainable being time barred. Hence the appeal is dismissed in limine.
In the result, appeal filed by the assessee for the A.Y. 2010-11 is dismissed.