388-Day Delay Condoned; Case Remanded for Fresh Hearing

Yashpal Tyagi Vs ITO (ITAT Delhi) 388-Day Delay Condoned — Delhi ITAT Restores Reassessment Appeal Hit by One-Notice CIT(A) Order The Delhi ITAT (E Bench) allowed the appeal of Shri Yashpal Tyagi (AY 2012-13) for statistical purposes, condoned a delay of 388 days, and set aside the order of the CIT(A), NFAC, restoring the matter for fresh adjudication on merits. The assessment was completed u/s 143(3) r.w.s. 147, making additions of ₹15.30 lakh as unexplained cash deposits and ₹2.39 crore as income from other sources, based on AIR information from PNB. The CIT(A) dismissed the appeal wit...