Assessee can’t be Penalized for Fault of CA: ITAT Condones Delay of 1430 days in filing Appeal

The Income Tax Appellate Tribunal (ITAT) has condoned a delay of 1430 days in filing an appeal, stating that the assessee cannot be penalized for the fault of their Chartered Accountant (CA). The delay was attributed to the CA's oversight, and the ITAT emphasized that the assessee had acted promptly once aware of the lapse. This decision highlights the tribunal's consideration for genuine reasons behind procedural delays and the principle of not penalizing taxpayers for professional errors. Such cases underscore the importance of diligence in tax compliance and the accountability of professionals handling tax matters.