Appeal Delay of 7 Years Denied Due to Assessee’s Negligence Despite Blaming Counsel

C.I. Builders (P.) Ltd. Vs PCIT (Madhya Pradesh High Court) Madhya Pradesh High Court has dismissed an income tax appeal filed by C.I. Builders (P.) Ltd., upholding the Income Tax Appellate Tribunal (ITAT), Indore Bench’s decision to refuse condonation of a significant delay—ranging from six to over seven years—in filing appeals for Assessment Years 2010-11 and 2012-13. The court’s ruling, delivered on January 23, 2024, emphasized the assessee’s lack of diligence and responsibility for overseeing their tax affairs, despite arguments attributing the delay to a previous leg...