ITAT Condones 884-Day Delay in Appeal Filing, Urges Pragmatic Approach

Jagruti Nagri Sahakari Patsanstha Myt Parli Vaijnath Vs ITO (ITAT Pune) In a significant ruling, the Income Tax Appellate Tribunal (ITAT), Pune bench, condoned substantial delays, ranging up to 884 days, in a cooperative society’s appeals against ex-parte assessment and penalty orders. The Tribunal underscored the need for a pragmatic and common-sense approach when considering delays, rather than a strict, pedantic one, drawing upon the principles laid down by the Supreme Court. The case involved Jagruti Nagri Sahakari Pathpedi Maryadit, a cooperative credit society, which faced adverse ...