High Court refused to condone the delay holding that the reasons adduced were preposterous and lacked bona fides. On a petition for special leave Court held that there was a huge delay which was not condonable..(AY.2010-11)
Siva Industries And Holdings Ltd. v Asst. CIT (2024)461 ITR 142/297 Taxman 59 (SC) Editorial : Refer, Siva Industries and Holdings Ltd. v. Asst. CIT (2023 ) 153 taxmann.com 354/ (2024) 461 ITR 133 (Mad)(HC)
S. 260A : Appeal-High Court-Delay of 2139 days-Lacked bona fides- Order of High Court refusing to condonation of delay-SLP dismissed. [Art. 136]