Appeal Delay of 3 Years Condoned by ITAT on Professional Advice Grounds

Aadarsha Education Society Vs ITO (ITAT Bangalore) ITAT Bangalore Condones 3-Year Delay; Appeal Cannot Be Rejected Merely Because Taxpayer Trusted Professional Advice The Bangalore ITAT, in the case of Sri Aadarsha Education Society, held that a delay of nearly 3 years in filing appeals before the CIT(A) deserved to be condoned where the assessee had acted bona fide and had relied on a tax professional who pursued a rectification application under section 154 instead of filing an appeal. The Tribunal observed that the assessee had genuinely believed that the issue would be resolved through the...