Delay of 563 Days in Appeal Condoned Due to Change in Management: ITAT Delhi

Sonepat Central Co-operative Bank Ltd. Vs ACIT (ITAT Delhi) Negligence of Officials Should Not Defeat Justice- Change of Management Justifies Delay – Substantial Delay of 563 Days Condoned Assessee, a co-operative society engaged in banking activities, filed appeal against the order of CIT(A), NFAC, Delhi dated 28.07.2023, which had upheld the assessment framed u/s 143(3) for AY 2016-17. The appeal before the Tribunal was delayed by 563 days. Along with the appeal, Assessee filed an application for condonation of delay supported by affidavit of Shri Jai Prakash Soni, General Manager, explain...