Filing of cross-objection after 4 years is not proper after acceptance of dis allowance

Jubilant Securities Pvt Ltd Vs. DCIT (Delhi High Court)

1. The assessee/appellant urges that the Income Tax Appellate Tribunal (ITAT) fell into error in declining to condone the delay which occurred in the filing of its cross-objection having regard to the changed position in law substantively, with respect to the interpretation of Section 14A of the Income Tax Act, 1961Please become a Premium member. If you are already a Premium member, login here to access the full content.