Appeal Restored Due to Sufficient Cause Arising from Mismanagement Proceedings

Sullurpet Farmers Service Co-Operative Society Limited Vs ITO (ITAT Hyderabad) 204-Day Delay Condoned due to Mismanagement Proceedings; Ex-Parte 144 Assessment & NFAC Order Set Aside; Matter Remanded for Full Verification Tribunal considered the Assessee’s delay-condonation plea explaining that the Co-operative Society had been engulfed in multiple enquiries since 2017 by the State Cooperative Department, including criminal proceedings against the former MD, Supervisor & Cashier for misappropriation of members’ funds. Tribunal accepted this as a sufficient cause, noting that the So...