M/S. RENTWORKS MAURITIUS LTD.,, MUMBAI ACIT(international tax) 4(1)(1),, MUMBAI

IN THE INCOME TAX APPELLATE TRIBUNAL
“I” BENCH, MUMBAI

BEFORE SHRI PRAMOD KUMAR, VICE PRESIDENT &
SHRI PAVAN KUMAR GADALE, JUDICIAL MEMBER

ITA No. 1419/Mum/2019
(Assessment Years: 2014-15)

M/s. Rentworks Mauritius
ltd.,49, 1s t Floor, Ashoka
Shoping Centre, LT Marg.
Mumbai – 400001
PAN/GIR No. : AAGCR2210L
Appellant

Vs.

ACIT (International Tax) –
4(1)(1)17th Floor, AIR India
Building, Mumbai – 21.
Respondent

Appellant by : Shri Kamlesh Kapadia, AR
Respondent by : Shri SS Iyengar, CIT-DR
Date of Hearing 17/12/2020
Date of Pronouncement 23/12/2020

 O R D E R

PER PAVAN KUMAR GADALE - JM:

The assessee has filed an appeal against theorder of Commissioner of Income Tax (Appeals) -58, Mumbai, passed u/s. 271(1)(c) and 250 of the Income Tax Act, 1961. The assessee has raised the grounds of appeal challenging the Notice issued u/sec 274 r.w.s 271 of the Act for levy of penalty as invalid and defective.

1.1 There is a delay in filing of the appeal. The assessee has filed application for condonation of delay along with affidavit. Considering the facts and the reasons envisaged by the Ld.AR, we find the delay isreasonable and the Ld. DR has no serious objections. Accordingly, the delay is condoned and the appeal is admitted and heard.

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