ITAT Condones 185-Day Delay for Defunct Company

Quick Summary

The Income Tax Appellate Tribunal (ITAT) has condoned a 185-day delay in an appeal filed by M/s. Bharath Gold Mines Ltd. The company, which had become defunct and lacked regular staff, explained that the delay was due to the previous officer's passing and their subsequent unawareness of the appellate order. The ITAT accepted these reasons, noting the company's defunct status hindered its ability to participate effectively in proceedings. The case has been sent back to the Assessing Officer for a fresh assessment, allowing the company a chance to present its supporting documents.

Court :
BANGALORE

Brief :
The Income Tax Appellate Tribunal (ITAT), Bangalore Bench, has condoned a delay of 185 days in filing an appeal and remanded the matter to the Assessing Officer (AO) for fresh consideration after taking note of the assessee company’s defunct status and lack of regular staff.

Citation :
ITA 1738/BANG/2025

Daily Limit Reached