Condonation not granted due to casual approach of the appellant

Vardhaman Nagari Sahakari Pathsanstha Ltd. Vs ITO (ITAT Pune) ITAT Pune rejected the petition for condonation of delay in filing an appeal as it was found that the appeal was casual, non-serious and non-vigilant in preferring appeal against the impugned orders. Facts- In relation to assessed PAN“AABCV4217E”, from an Annual Information Return [AIR] witnessing the substantial cash deposits made by the assessee into its Saving Bank account maintained with ‘Axis Bank’, and in the absence of ROI on record, AO initiated the proceedings u/s 147 by issue of notice dt. 24/03/2014 u/s 148 of the...