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2025 Supreme(Online)(ITAT) 3991

INCOME TAX APPELLATE TRIBUNAL (MUMBAI BENCH)
SANDEEP GOSAIN, J, OM PRAKASH KANT, ACJ
Edween Real Estate Pvt Ltd – Appellant
Versus
ITO – Ward 12(2)(1) – Respondent


Advocates:
For the Appellants/Petitioners: Shri Margav Shukla
For the Respondents: Shri Ritesh Misra, CIT DR

Table of Content
1. details supporting the appeal and grounds for delay due to insolvency. (Para 1 , 3)
2. opposition from the revenue regarding the delay. (Para 5)
3. court's view on providing another chance due to circumstances. (Para 6 , 7 , 8 , 9)
4. final decisions on the appeals for statistical purposes. (Para 10 , 11)

Assessee by Shri Margav Shukla Revenue by Shri Ritesh Misra, CIT DR Date of Hearing 23.06.2025 Date of Pronouncement 04.08.2025 आदेश / ORDER PER SANDEEP GOSAIN, JM:

The present two appeals have been filed by the assessee challenging the impugned order dt. 26.02.2025 & 22.02.2025 passed u/s 250 of the Income Tax Act , 1961 (‘the Act’), by the National Faceless Appeal Centre, Delhi (NFAC) for the assessment years 2017-18 & 2018-19

2. Since all the issues involved in these two appeals are common and identical, therefore, they have been clubbed, heard together and consolidated order is being passed for the sake of convenience and brevity. We shall take ITA No.

2632/Mum/2025, A.Y 2018-19 as lead case and facts narrated therein.

ITA No. 2632/Mum/2025, A.Y 2018-19

3. At the outset, we noticed that the present appeal filed by the assessee is time barred by 351 days and in this

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