125 results for “condonation of delay”+ Section 145(3)clear
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Bench: Shri Prashant Maharishi, Am & Shri Sunil Kumar Singh, Jm M/S Ajit Metal Syndicate Vs. Income Tax Officer, Ward 19 (1) (1) 123, Kika Street Gulalwadi Piramal Chambers Mumbai – 4 Lal Baug Parel Mumbai-400 012 (Appellant) (Respondent) Pan No. Aaafa1651M Assessee By : Shri Satyaprakash Singh Ca Revenue By : Shri Rajnish Yadav , Sr Dr
section 145 of the act and thereafter determined profit at the rate of 12.5% of the bogus purchases. When the appeal was filed before the learned CIT – A, it was delayed by 1669 days, the delay explained by the assessee was not found to be sufficient for condoning the delay and therefore the learned CIT – A did not condoned