Pendency of Appeal w.r.t. Joint Development Agreement: ITAT Condones Delay of 395 Days to Avoid Double Addition [Read Order]
ITAT noted that the Department's representative did not raise any significant objection to the condonation of the delay, bolstering the assessee's case
By Varda Marakkar - On October 12, 2024 2:33 pm - 2 mins read
In a recent decision, the Income Tax Appellate Tribunal (ITAT) condoned a 395-day delay in the filing of an appeal by the assessee/appellant, M/s Khoday Ehshwarsa and Sons. The case involved a Joint Development Agreement and the income declared for the assessment year 2020-21. The appeal had initially been dismissed by the Commissioner of Income…
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