Assessee’s Illiteracy & Reliance on Accountant Accepted as Reasonable Cause by ITAT

Amol Babanrav Kolakar Math Mohalla Vs Addl./Jt./Dy./Asstt./ITO (ITAT Nagpur) In the case of Amol Babanrav Kolakar Math Mohalla vs Addl./Jt./Dy./Asstt./ITO, the Income Tax Appellate Tribunal (ITAT) Nagpur Bench adjudicated on an appeal concerning assessment year 2017–18. The appeal was against the ex-parte order dated 18/12/2023 passed by the Commissioner of Income Tax (Appeals), National Faceless Appeal Centre (NFAC), Delhi. The assessee challenged the dismissal of his appeal on the grounds of delay and sought redress for an addition made under Section 68 read with Section 115BBF of the Inco...