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2 results for “condonation of delay”+ Business Incomeclear

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M/S MERIDIAN PROMOTERS (P) lTD., vs. DEPUTY COMMISSIONER OF INCOME TAX

In the result, the Appeal is allowed and the order, dated 26

ITTA/157/2019HC Andhra Pradesh17 Oct 2019

Bench: The Commissioner Of Income Tax (Appeal) In Ita.No.0782/Cc-2,Vizag/Cit(A)-

Section 142(1)Section 143(2)Section 260A

business without any interruptions. Such a long delay cannot be viewed leniently. The reasons offered for the delay are not rational and justifiable.’ Before proceeding further, it is apt to refer to the following settled legal position. “The statutory provision mandates that while considering the applications for condonation of delay, the applicants are required to show sufficient cause for condonation

THE PR.COMMISSIONER OF INCOME TAX vs. SRI KOUNDINYA EDUCATIONAL SOCIETY

ITTA/179/2019HC Andhra Pradesh
29 Oct 2019

Bench: C.PRAVEEN KUMAR,CHEEKATI MANAVENDRANATH ROY

business of manufacture and sale of sugar. An assurance was given by the State Government in that case that new Vanaspati units in the State which go into commercial production by 30th September, 1970 would be given partial concession in sales tax for a period of three years. The Appellant having set up such Vanaspati unit thereafter went into