ITAT Allahabad Condones 440-Day Delay in Appeal Due to Advocate’s Negligence

SPS Automobiles Vs ITO (ITAT Allahabad) The Income Tax Appellate Tribunal (ITAT), Allahabad Bench, in SPS Automobiles vs. ITO (ITA No. 106/Alld/2024, order dated 30.09.2024), dealt with two issues—condonation of delay in filing the appeal before the first appellate authority, and addition made by the Centralised Processing Centre (CPC), Bengaluru, while processing the return under Section 143(1) of the Income Tax Act, 1961. The assessee, a partnership firm engaged in automobile dealership (purchase and sale of tractors), had filed its return of income along with the tax audit report (TAR) a...