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Income Tax

Condonation based on totally vague & unspecific explanation not granted

Case Law Details

Case Name
Intent Infraprojects Pvt. Limited Vs ITO (ITAT Kolkata)
Date of Judgement/Order
Only available for paid members
Related Assessment Year
2012-2013
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Intent Infraprojects Pvt. Limited Vs ITO (ITAT Kolkata) ITAT Kolkata held that condonation of delay of 927 days in filing of the appeal not granted as explanation available in the affidavit is totally vague and not specific. Further, assessee neither complied with a single notice nor submitted any details. Facts- A perusal of the impugned order would suggest that there was no compliance at the end of the assessee either before AO or before CIT(A). It has filed its return of income on 21.03.2013 declaring total income at NIL. Its case was selected for scrutiny assessment and a notice under sect...
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