Capital Gains Appeal Revived Due to Improper Rejection on Limitation

Rina Ray Vs ITO (ITAT Kolkata) Ignorance Isn’t Always Negligence: Kolkata ITAT Condones Delay & Revives Capital Gains Appeal Delay Condoned, Merits Restored: Capital Gains Dispute Gets Fresh Life-No DVO Reference, No Finality: Capital Gain Issue Revived;  Technical Rejection Set Aside—ITAT Orders Merit-Based Adjudication- Justice Over Limitation: Appeal Reopened After 189 Days Kolkata ITAT ‘SMC’ Bench in Rina Ray Vs. ITO  [ITA No. 2262/KOL/2025, AY 2018-19, order dated 31.12.2025] allowed Assessee’s appeal for statistical purposes by condoning 189-day delay and restoring matter...