COVID, Business closure & Counsel’s Death: Madras HC condones Appeal Delay

Limras Lottery & Trading Company Pvt Ltd Vs ITO (Madras High Court) The Madras High Court has condoned a 544-day delay in an income tax appeal filed by Limras Lottery & Trading Company Pvt Ltd against the Income Tax Officer (ITO). The court set aside the Income Tax Appellate Tribunal’s (ITAT) order, which had dismissed the appeal for the appellant’s inability to establish sufficient cause for the delay, and remanded the matter for de novo consideration. The assessment order against Limras Lottery & Trading Company Pvt Ltd was passed on November 14, 2019, and served on N...