2011 (3) TMI 178 - HC - Income Tax

Power to condone the delay - Limitation - The amendment made in Section 260-A the provisions by allocating powers to the High Court to admit an appeal after the expiry of the period of 120 days if it is satisfied that there was sufficient cause for not filing the same within period prescribed - The aforesaid amendment has brought into force w.e.f. 01.10.1998 by Finance Act No. 14 of 2010 - Hence the order is recalled.

Summary

The High Court of Punjab and Haryana allowed a review application in a case where the appeal was dismissed as time-barred. The court recalled the order and restored the appeal based on an amendment in Section 260-A of the Income-tax Act, 1961. The court now has the power to admit an appeal after the prescribed period if there was a sufficient cause for the delay.