Delay of 388 days in filing appeal not condoned as sufficient reason not explained

Indian Overseas Bank Employees Cooperative Vs ITO (ITAT Kolkata) ITAT Kolkata held that huge delay of 388 days on the reason that delay occurred due to death of its Chartered Accountant is not cogent and not acceptable. Thus, condonation denied since sufficient reason to condone delay not explained. Facts- The assessee-appellant is a registered Cooperative Credit Society constituted by staff members working in Indian Overseas Bank and registered under Cooperative Societies Act. It is a non-profit Organization look after the welfare of its members. AO has not considered the benefit u/s. 80P of ...