ITAT Pune upholds dismissal of appeal due to inordinate & unexplained delay

Indrayani Seva Samiti Nyas Vs ITO (ITAT Pune) Income Tax Appellate Tribunal (ITAT) Pune dismissed an appeal filed by Indrayani Seva Samiti Nyas against the order of the Commissioner of Income Tax (Appeals) concerning Assessment Year 2010-11. The core issue was the condonation of a significant delay in filing the appeal. The assessee, a charitable trust, had challenged the addition of a capital receipt and the denial of exemption under Section 11 of the Income Tax Act. However, the ITAT upheld the CIT(A)’s decision to dismiss the appeal due to the inordinate delay. The assessee’s pr...