In the result appeal filed by the assessee is allowed
Bench: Shri S. Rifaur Rahman & Shri Raj Kumar Chauhanpawai Trust , Vs. Dcit B-60-61 C/O Bajaj Auto Ltd. Cirlce 49(1) Naraina Industrial Area Phase Ii Delhi New Delhi (Pan: Aaatp0445J)
condone the delay in filing the appeal before the Tribunal. 4. Brief facts of the case are, assessee filed its return of income on 11.10.2021 declaring Total Income at Rs. 53,60,300/-. The above return was processed u/s 143(1) of the Income Tax Act (in short “Act”) and they proceeded to determine the taxable income and adopted maximum