OPG Resources, LLP Vs. The Income-tax Officer
Case No: ITA No. 5240/DEL/2024 [A.Y. 2018-19]
Court: INCOME TAX APPELLATE TRIBUNAL, DELHI ‘E’ BENCH, NEW DELHI
Date: 3/5/2025
Parties Involved
appellantOPG Resources, LLP
respondentThe Income-tax Officer
Facts Summary
The assessee, OPG Resources, LLP, filed an appeal against the order of the ld. CIT(A) dated 21.08.2024 for A.Y 2018-19. The assessee raised several grounds of appeal including disallowance of certain deductions, imposition of tax and interest, and the taxing of exempt income. The assessee also filed an application for condonation of delay, explaining that a new tax consultant was appointed who discovered an outstanding demand and the appeal was filed immediately after. The ld. CIT(A) rejected th…
Decision in favour of
Assessee
Legal Issues
- 1. Condonation of delay in filing the appeal.
- 2. Disallowance, imposition of tax and interest, and quantification of taxable income.
3 more legal issues analysed in this judgement.
Precedents Relied Upon
6 precedents cited in this judgement.