ITAT Pune Condoned Delay & Remands Demonetization Cash Deposit Case

Suvarna Gramin Bigarsheti Sah. Pat Sanstha Maryadit Vs ITO (ITAT Pune) Assessee, a co-operative credit society, filed appeal against CIT(A), NFAC order dated 02.05.2024 arising from assessment framed u/s 144. There was a delay of 242 days in filing appeal. Assessee explained that the impugned order was received in the email account of an ex-employee & was not communicated in time. Tribunal, relying on Collector, Land Acquisition Vs Katiji (1987) 2 SCC 107 & Inder Singh Vs State of MP (2025 INSC 382), condoned the delay holding that there was “reasonable cause.” On merits, AO had ma...