Delay of 1529 days in filing cross objections due to oversight cannot be condoned

IN THE ITAT MUMBAI BENCH ‘J’ Assistant Commissioner of Income-tax Versus Petroleum India International IT Appeal No. 8086 (Mum.) of 2003 C.O. NO. 6 (Mum.) of 2009 [Assessment year 2001-02] SEPTEMBER 28, 2012 ORDER D. Karunakara Rao, Accountant Member – The appeal filed by the Revenue on 19.12.2003 is directed against the order of the CIT(A) dated 16.10.2003 in relation to assessment year 2001-2002. Assessee filed the CO on 6.1.2009. 2. Grounds raised by the Revenue read as under: “1.  On the facts and circumstances of the case and in law, the CIT(A) er...