ITAT condones delay in filing of Audit Report due to Virus Attack

Vision Foundation Vs DCIT (ITAT Chennai)

ITAT held that CIT(A) has power for condoning belated application in filing Form No.10B wherever the assessee was prevented by reasonable cause for filing of such applications within the stipulated time. In the present case before us, the delay is for few hours which could be condoned as there is a reason that there is malfunctioning / virus attack in the computer system and consequent data loss which is beyond the control of the assessee. Hence, we reverse the orders of lower authori

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