ITAT Delhi Deletes Section 14A Disallowance as It Was Beyond Limited Scrutiny Scope

Kavita Gupta Vs ACIT (ITAT Delhi) The Income Tax Appellate Tribunal (ITAT), Delhi, allowed the assessee’s appeal after condoning a delay of 217 days in filing the appeal. The Tribunal accepted the assessee’s explanation that the delay occurred because legal advice to challenge the quantum order was received only after a penalty order under Section 271(1) of the Income-tax Act was passed. As the Revenue did not seriously oppose the condonation request, the delay was condoned and the appeal was heard on merits. The assessee had filed the return of income for Assessment Year 2016-17 d...