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 t

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