Lack of Reasonable Cause: ITAT Denies Condoning 1350-Day Delay in Filing Appeal

The Income Tax Appellate Tribunal (ITAT) has ruled that the delay of 1350 days in filing an appeal could not be condoned due to a lack of reasonable cause. The case involved a taxpayer seeking to file an appeal after an extended delay, citing various reasons for the delay. The ITAT concluded that the taxpayer did not provide a satisfactory explanation for the delay and rejected the appeal for being time-barred. This ruling underscores the importance of adhering to strict timelines for filing appeals, with the ITAT emphasizing that delays must be supported by a reasonable cause to be condoned.