This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Vivad Se Vishwas Misapplication Corrected in 1592-Day U/s 263 Appeals
Case Law Details
- Case Name
- B.G.M. Consortium Limited Vs PCIT (ITAT Kolkata)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2011-2012
- Courts
- All ITAT, ITAT Kolkata
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
Advertisement
B.G.M. Consortium Limited Vs PCIT (ITAT Kolkata)
1592-day delay condoned; s.263 revision restored with cost, VSVS dismissal quashed
Kolkata ITAT condoned an extraordinary delay of 1592 days in filing appeals against s.263 orders, holding that the reasons furnished were bona fide. Since the assessee had not responded to s.263 notices earlier, the Tribunal, in the interest of justice, set aside the revision orders & restored the matters to the PCIT for fresh adjudication, subject to payment of cost of ₹1 lakh per year to the High Court Legal Services Committee & direct...
Author Info
