Delay in filing of an appeal not condoned as ignorance of law not sufficient cause

Marathon India Ltd. Vs PCIT (ITAT Jaipur)

ITAT Jaipur held that ignorance of law and bona fide belief cannot be termed as sufficient cause and hence condonation of delay in filing of an appeal not granted.

Facts- The assessment of the assessee was completed u/s. 143(3) of the Income Tax Act. Subsequently, Pr.CIT examined the assessment order and observed certain contradictions in the claim of deduction u/s. 80IE on the part of the assessee and foundthe same is not verifiab

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