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2016 (5) TMI 413 - AT - Income TaxCondonation of delay - Held that:- the assessee has been vigilant and has been pursuing the legal remedy but under a wrong provision. We find that the efforts of the assessee have been bonafide and the assessee has not been insolent, negligent or lethargic in pursuing its legal remedies/appeal. The Cochin Tribunal in the case of Kadakkal Educational Trust (2014 (9) TMI 959 - ITAT COCHIN) has also taken note of the bonafide pursuit of the appeal before wrong Forum as a reasonable cause for condonation of the delay. Respectfully following the above judgments, we are inclined to condone the delay of 62 months 24 days and remit the issue to the file of the Ld. CIT(A) for reconsideration on merits.
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