SC decision on condonation of delay followed by Mumbai Tribunal & matters remanded

Jayesh Hirji Savla Vs ACIT (ITAT Mumbai)

Summary: In the case of Jayesh Hirji Savla vs. ACIT (ITAT Mumbai), the tribunal addressed a delay in filing an appeal regarding unexplained bank deposits, which had led to an assessment under Section 144 of the Income Tax Act. The delay was attributed to the assessee’s arrest during the assessment proceedings, which hindered proper representation. The CIT(A) had dismissed the appeal due to non-compliance, leading the assessee to approach the ITAT. The tribunal considered an affidavit submitted by the assessee

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