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TMI Blog2023 (8) TMI 219X X X X Extracts X X X X X X X X Extracts X X X X ..... turn of income even as the law requires it to be obtained and furnished by the date specified u/s. 139(1) for furnishing the return of income, i.e., latest by 31.10.2019 (for that year), much less explain the delay in furnishing the same. No clear reply in this regard was also furnished by assessee during the hearing, who would rather admit to the statutory audit report from the Registrar of So ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e. We therefore find no reason to interfere with the impugned order - Decided against assessee. - ITA No. 56/Coch/2023 - - - Dated:- 31-7-2023 - Shri Sanjay Arora, Accountant Member And Shri Manomohan Das, Judicial Member For the Appellant : Sh. Bijuman Antony, CA For the Respondent : Smt. J.M. Jamuna Devi, Sr. D.R. ORDER PER:SANJAY ARORA, AM This is an Appeal by Asse ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 143(3) of the Act dated 23.12.2019, and the assessee, accordingly, show caused under section 271B r/ws. 274, i.e., for violation of section 44AB, vide notice dated 30.12.2019. The assessee explained the receipt of audit report from the Cooperative Auditor in March, 2008 as the reason, which was found not valid by the Assessing Officer (AO) as the same did not explain the late filing of Tax Audit R ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ssee-bank, filed by it along with the return of income on 29.3.2018, even as the law requires it to be obtained and furnished by the date specified u/s. 139(1) for furnishing the return of income, i.e., latest by 31.10.2019 (for that year), much less explain the delay in furnishing the same. No clear reply in this regard was also furnished by Sh. Antony, the assessee s counsel, during the hearing, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... , we find no explanation, much less proving the reasonable cause for the delay, which in fact is a continuing one. We therefore find no reason to interfere with the impugned order and, accordingly, decline to. We decide accordingly. 4. In the result, the appeal filed by the assessee is dismissed. Order pronounced on July31, 2023 under Rule 34 of The Income Tax (Appellate Tribunal) Rules, 19 ..... X X X X Extracts X X X X X X X X Extracts X X X X
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