Delay of 9 years condoned on reasonable cause of non-receipt of intimation

M.K. Hotels & Resorts Ltd Vs ACIT (ITAT Amritsar)

ITAT Amritsar held that non-receipt of intimation resulted into no action on the part of the assessee. Accordingly, delay of 9 years condoned as the assessee had reasonable cause of non-receipt of intimation.

Facts- The assessee has filed the return u/s 139 for A.Y. 2010-11. The return was processed u/s 143(1) and deduction u/s 80IB was rejected which was claimed by the assessee regularly since A.Y. 2002-03. The total d

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