Delay in filing of an appeal before CIT(A) condoned as sufficient cause shown: ITAT Delhi

AVA Resources Private Limited Vs DCIT (ITAT Delhi) ITAT Delhi held that delay of 35 days in filing of an appeal before CIT(A) ought to be condoned since assessee has explained the sufficient reason for said delay. Accordingly, matter restored back to CIT(A) for fresh consideration. Facts- An assessment order was passed on 18/03/2024 u/s 147 read with Section 144B of the Income Tax Act, 1961 at Rs. 11,20,96,009/- as against retuned income of Rs. 76,74,880/-. Aggrieved by the assessment order dated 18/03/2024, the Assessee preferred the Writ Petition before the Hon’ble High Court of Delhi. The...