IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD “A” BENCH : HYDERABAD BEFORE SHRI VIJAY PAL RAO, VICE PRESIDENT AND SHRI MANJUNATHA G, ACCOUNTANT MEMBER ITA.No.986/Hyd/2024 Assessment Year 2017-2018 Raziulla Syed, The Income Tax Officer, Hyderabad - 500 082. vs. (Int. TAXN.)-2, PAN BOTPS1888C Hyderabad.

(Appellant) (Respondent)

For Assessee : CA P Murali Mohan Rao For Revenue : Shri B. Bala Krishna, CIT-DR Date of Hearing : 17.02.2025 Date of Pronouncement : 11.03.2025 ORDER PER MANJUNATHA G, A.M. :

This appeal has been filed by the Assessee against the final assessment order of the learned ITO- (Intl.Taxn.)-2, Hyderabad, dated 02.03.2024, pursuant to the directions of Disputes Resolution Panel-1 [in short “DRP”], Bengaluru, directions dated 29.02.2024, passed u/sec.144C(5) of the Income Tax Act, 1961 [in short “the Act”], relating to the assessment year 2017-2018.

2. At the very outset, there is a delay of 134 days in filing the appeal before the Tribunal. The assessee has filed an affidavit explaining the reasons for condonation of delay. We are satisfied with the reasons furnished by the assessee for the delay in filing the appeal. We, therefore, condone the delay of 134 days in fili