Delay of 988 days cannot be condoned on the basis of vague reason

SRK Infracon (India) Private Limited Vs ITO ( ITAT Hyderabad) ITAT Hyderabad held that delay of 988 days in filing of the appeal cannot be condoned on the basis of vague reason. Facts- The assessee has sought to challenge the order passed by the ld.PCIT quashing the assessment made u/s 143(3) of the Act vide order dt.20.12.2016 passed under section 263 of the Act. Importantly, there is a delay of 988 days in filing the appeal before the Tribunal and the same is requested to be condoned on the ground that staff of the assessee has not noticed the order sent by email and also that the situation ...