Bangalore ITAT Condones 367-Day Delay and Rejects Challenge to NFAC Jurisdiction in Reassessment Case

AgaraPasala Reddy Prasanna Vs ACIT (ITAT Bangalore) Bangalore ITAT Condones 367-Day Delay and Rejects Challenge to NFAC Jurisdiction in Reassessment Case The Bangalore ITAT, in the case of AgaraPasala Reddy Prasanna v. ACIT (AY 2017-18), condoned a 367-day delay in filing the appeal after accepting the assessee’s explanation that he was unaware of the CIT(A)’s ex parte order and came to know of it only upon receiving a demand-related communication. The Tribunal held that the delay was supported by sufficient cause and that the appeal was filed promptly once the assessee became awar...