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| The Tax Publishers2020 TaxPub(DT) 3169 (Mum-Trib) INCOME TAX ACT, 1961
Sedction 253(5)
Director of assessee-company being out of town stood as reasonable cause for condonation of delay of 22 days in filing cross-objection and hence, delay was condoned.
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Appeal (Tribunal) - Condonation of delay - Delay in filing of cross-objection - Reasonable cause
Assessee sought condonation of delay of 22 days in filing cross-objection contending that director of assessee-company was out of town on pre-occupied business purpose. Due to this, he could not have signed, cross-objection to be filed before Tribunal, although the tax consultant had finalized the grounds of cross-objection. Held: Reasons given by assessee for not filing cross-objection within time allowed under the Act, comes under the ambit of reasonable cause and hence, delay in filing cross-objection was condoned and admitted for adjudication on merits.
REFERRED :
FAVOUR : In assessee's favour.
A.Y. : 2011-12
INCOME TAX ACT, 1961
Section 73, Expln.
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