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Meritorious Cases Not to be Dismissed on Limitation – Appeal Restored
Case Law Details
- Case Name
- Mukesh Batubhai Desai Vs ITO (ITAT Ahmedabad)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2015-16
- Courts
- All ITAT, ITAT Ahmedabad
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Mukesh Batubhai Desai Vs ITO (ITAT Ahmedabad)
Meritorious Cases Not to be Dismissed on Limitation – Appeal Restored; ITAT Ahmedabad: NRI’s Appeal Restored – 442 Days’ Delay in Filing to be Condoned, Additions to be Reheard
Background
Assessee, a non-resident individual residing in the USA, did not file a return of income for AY 2015-16. AO received information that during FY 2014-15 Assessee:
made a time deposit of ₹1 crore with Standard Chartered Bank,
sold immovable property for ₹50.56 lakh, and
earned interest of ₹64,466/- from SBI (with TDS deducted u/s 194A).
On this bas...
Author Info
