ITAT Restores Appeal After Accepting Speed Post Envelope as Proof of Timely Order Receipt

Sudipta Traders Pvt. Ltd. Vs ITO (ITAT Kolkata) The assessee filed an appeal before the Income Tax Appellate Tribunal (ITAT), Kolkata against the order of the Commissioner of Income Tax (Appeals), National Faceless Appeal Centre (NFAC), Delhi for Assessment Year (AY) 2012-13. The principal grievance was that the CIT(A) had wrongly dismissed the assessee’s appeal as time-barred despite it having been filed within the prescribed limitation period. The assessee had filed its return of income for AY 2012-13 on 29.09.2012 declaring a total loss of ₹70,857. During assessment proceedings, the...