ITAT Condones Delay Due to Bona Fide Reasons Based on Affidavit and Remands Case to CIT(A) for Fresh Hearing

The ITAT condoned the delay in filing an appeal due to bona fide reasons based on an affidavit, remanding the case to the Commissioner of Income Tax (Appeals) for fresh hearing. The taxpayer had failed to file an appeal within the prescribed time limit, but the ITAT accepted the explanation provided in the affidavit. The tribunal emphasized the importance of fairness in dealing with tax-related delays and granted the taxpayer an opportunity to present their case. This decision reflects the ITAT’s commitment to ensuring justice in tax matters, even in cases of procedural delays.