Inability to contact signatory not reasonable cause for delay in Appeal Filing

Saida Trading Co Vs ITO (ITAT Cochin) The Income Tax Appellate Tribunal (ITAT) Cochin, in the case of Saida Trading Co. vs. Income Tax Officer (ITO), has dismissed an appeal for Assessment Year 2015-2016 due to an inordinate delay of 1,233 days in filing. The ITAT ruled that the taxpayer’s stated inability to contact the individual required to sign appeal documents, attributed to their absence from the station, did not constitute a reasonable cause for the delay. The condonation application, submitted on a Chartered Accountant’s letterhead without a supporting affidavit, was deemed...