ITAT condones 50-Day Delay in appeal filing, Orders CIT(A) for Fresh Appeal Hearing

Deep Desai Vs DCIT (ITAT Bangalore) In Deep Desai Vs DCIT (ITAT Bangalore), the tribunal addressed an appeal concerning a 50-day delay in filing. The case involved Mr. Deep Desai, the legal heir of the late Ms. Ila K Desai, who inherited her assets and liabilities, including income from fixed deposits and mutual funds. Mr. Desai’s income tax return for AY 2022-23 declared ₹50,18,660, but a demand of ₹34,60,060 was raised due to a TDS adjustment issue. The Centralized Processing Centre (CPC) disallowed the adjustment as the TDS was in the deceased’s name. Despite filing a rectificat...