ITAT refuses to Condones delay of 1315 days in appeal filing as no reasonable cause exist

Janata Urban Co-op. Bank Ltd. Vs ACIT (ITAT Pune) The impugned order was passed in 2017, the appeal was filed in 2021. The assessee has filed return of income which clearly shows that the assessee is supported by professionals having expertise in Income Tax procedures. The delay of 685 days cannot be accepted as the delay is continuing during Covid lockdown. He vehemently argued the delay of 1315 days cannot be condoned as the assessee failed to explain the reasons for delay on day to day basis. We note that admittedly as pointed by the ld. DR the assessee did not show the reasons for delay on...