Dismissing the petition the Court held that; no satisfactory reason has been provided for delay of 439 days in filing an appeal. Pendency of rectification application before Tribunal cannot be the reason for codonation of delay.
Agnity Technologies ( P) Ltd v CIT( 2018) 97 taxmann.com 515/ 258 Taxman 129 ( Delhi) (HC) Editorial: SLP of assessee is dismissed ;Spinacom India (P.) Ltd. v. CIT (2018) 258 Taxman 128 (SC)
S. 260A : Appeal – High Court –No satisfactory reason has been provided for delay of 439 days in filing an appeal – Pendency of rectification application before Tribunal cannot be the reason for codonation of delay .[ S.254(2)]