ITAT Chandigarh: Delay Condoned, Reassessment Upheld, ₹20.45 Lakh Addition Deleted

Sanjeev Garg Vs ITO (ITAT Chandigarh) Reassessment Upheld but Additions Modified – ITAT Chandigarh Balances Justice & Law- Condones 364-Day Delay – ₹20.45 Lakh Addition on Cash Deposit Deleted Assessee challenged CIT(A)’s order upholding reassessment & confirming additions of ₹20,45,000 & ₹10,72,056. The appeal reached Tribunal with delay of 364 days, for which condonation was sought citing post-Covid health complications, supported by medical certificate. Tribunal, relying on SC rulings in Collector Land Acquisition Vs. Katiji (1987) & N. Balakrishnan Vs. M. Krishn...