Meritorious Cases Not to be Dismissed on Limitation – Appeal Restored

Mukesh Batubhai Desai Vs ITO (ITAT Ahmedabad) Meritorious Cases Not to be Dismissed on Limitation – Appeal Restored; ITAT Ahmedabad: NRI’s Appeal Restored – 442 Days’ Delay in Filing to be Condoned, Additions to be Reheard Background Assessee, a non-resident individual residing in the USA, did not file a return of income for AY 2015-16. AO received information that during FY 2014-15 Assessee: made a time deposit of ₹1 crore with Standard Chartered Bank, sold immovable property for ₹50.56 lakh, and earned interest of ₹64,466/- from SBI (with TDS deducted u/s 194A). On this bas...