Ignorance of law is not sufficient ground to condone delay: ITAT Bangalore

MFAR Holdings Pvt. Ltd. Vs DCIT (ITAT Bangalore) ITAT Bangalore held that ignorance of law is not a ground for condonation of delay, hence delay of 879 days in filing of an appeal without any sufficient reason shown is not condonable. Accordingly, appeal dismissed. Facts- The assessee is a Private Limited company engaged in the development of real estate/property and providing building maintenance services i.e. housekeeping security, etc. During the course of that search, certain incriminating documents pertaining to assessee were found. Accordingly, the case of the assessee was reopened in te...