Death of Director & CA reasonable cause for Delay in Appeal Filing: ITAT Mumbai

PMI Entertainment (India) Pvt. Ltd. Vs ACIT (ITAT Mumbai) The recent ITAT Mumbai ruling in the case of PMI Entertainment (India) Pvt. Ltd. vs. ACIT has brought attention to the justifiability of filing a delayed appeal due to the unfortunate demise of the company’s director and Chartered Accountant (CA). The appeal, filed against the order of the Ld. Commissioner of Income-tax (Appeals)-4, Mumbai, for the assessment year 2013-14, raises significant grounds, including an ex-parte order and challenges to disallowances. Detailed Analysis: Ground No.1 – Ex-Parte Order: The appellant co...