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3 orders · Page 1 of 1
The Tribunal found that the cash flow statements and explanations provided by the assessee were not clearly adjudicated by the lower authorities. Due to contradictory stands and lack of clear facts, the issues were set aside to the AO for fresh adjudication.
The ITAT condoned the delay in filing the appeal, citing the Supreme Court's order regarding COVID-19 related extensions. The Tribunal set aside the order of the CIT(A) and remanded the issue back for fresh consideration.
The Tribunal condoned the delay in filing the appeal. Following previous decisions, the disallowances made on account of late deposit of EPF and ESI, which were deposited before filing the return of income, were deleted.