Limitation Starts From Service, Not From Convenience – CIT(A) Directed to Reconsider 42-Day Delay

Asian Resources Limited Vs ITO (ITAT Delhi) Limitation Starts From Service, Not From Convenience – CIT(A) Directed to Reconsider 42-Day Delay Assessee filed the appeal before Tribunal with a delay of 474 days. Assessee explained that its business had been closed for several years due to financial stress & that Assessee, being a senior citizen suffering from age-related ailments, could not monitor e-mails, resulting in belated filing. Tribunal observed that as per the Supreme Court ruling in Collector, Land Acquisition Vs Katiji 167 ITR 471, delay supported by a bona fide cause deserves l...