Underway Payments to Union Bank of India: ITAT Condones Delay of 1999 Days in Filing Appeal [Read Order]

Assessee’s appeal on condonation of delay was condoned in the interest of justice
By Varsha Chandran - On July 18, 2024 10:31 am - 2 mins read
ITAT - Union Bank of India - ITAT Condones Delay of 1999 Days - Underway Payments to Union Bank of India - taxscan

In a ruling the  Income Tax Appellate Tribunal Bangalore condoned the delay of 1999 days in filing appeal by the assessee on reasonable grounds. The assessee was held to be a non performing asset on 27/02/2018 in the enforcement notice issued by Union Bank of India on 13/06/2018. The assessee, M/s JCR Drillsol during the…

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