PANDITWARI SADHAN SAHKARI SAMITI LIMITED,DEHRADUN vs. INCOME TAX OFFICER , DEHRADUN

In the result, both the appeals of the assessee are allowed for statistical purposes

Bench: Shri M. Balaganesh & Shri Satbeer Singh Godara(Through Video Conferencing)

unexplained investment made under Section 69 of the Act read with Section 115BBE of the Act. The assessee preferred an appeal before the Learned NFAC with a delay of 261 days. The Learned NFAC observed that assessee had not shown sufficient cause for the delay in filing of appeal and accordingly dismissed the appeal as not maintainable. Aggrieved, the assessee