ITAT Condones Delay in Filing Appeal Due to COVID, Depression & Father’s Death

Sanjay Store Vs ITO (ITAT Delhi)

In a recent judicial development, the Income Tax Appellate Tribunal (ITAT), Delhi bench, has delivered a significant order providing relief to M/s Sanjay Store, a partnership firm. The Tribunal set aside an ex-parte assessment concerning a ₹4.16 crore cash deposit made during the 2016 demonetization period, citing the severe personal challenges faced by one of its partners. The case has been remitted to the Assessing Officer (AO) for a fresh assessment, ensuring a proper opportunity for the assessee to present its arguments.

The dispute, do

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