Bangalore ITAT Condones 4-Year Delay as Assessee Bona Fide Pursued Section 119(2)(b) Remedy

Advertisement Amit Agarwal Vs ITO (ITAT Bangalore) The Income Tax Appellate Tribunal (ITAT), Bangalore, considered the assessee’s appeal against the order of the Joint Commissioner of Income-tax (Appeals), who had dismissed the appeal solely on the ground of refusing to condone a delay of more than four years in filing the appeal against an order passed under Section 154 of the Income-tax Act, 1961. The Tribunal first condoned a separate 62-day delay in filing the appeal before it after accepting the explanation that the assessee had initially acted on professional advice to pursue de...