ITAT
dismisses assessee's plea to condone 2984 days delay in filing of
appeal, rejects 'improper advice' given by CA firm as ground for
condonation / "sufficient delay"; Tribunal taken aback by CA firm's
affidavit, stating that it had advised assessee not to file an appeal
with ITAT on same issue for
later AYs and rather file a 'rectification or review' plea with AO once Tribunal settled the issue; "Inconceivable that a C.A would have advised the assessee to wait for outcome of a past appeal to decide about the course of action to be taken for the years under consideration", observe Tribunal members; Such advise by a CA badly damages prestige and reputation enjoyed by CA profession, urges ICAI to take strict disciplinary action and immediate steps to stem the "deteriorating standards" & "alarming practices" among some CAs; Criticises ICAI for allowing CA coaching classes to "mushroom", consequently leading to 'manufacturing' of Chartered Accountants and replacement of analytical thinking by 'spoonfeeding'; Expresses doubts over efficacy of CPE seminars, if such advices are given by CAs attending them; Rejects affidavits given by both the CA firm & assessee, remarks that conduct of assessee beyond comprehension of "human conduct and probabilities" : Mumbai ITAT
later AYs and rather file a 'rectification or review' plea with AO once Tribunal settled the issue; "Inconceivable that a C.A would have advised the assessee to wait for outcome of a past appeal to decide about the course of action to be taken for the years under consideration", observe Tribunal members; Such advise by a CA badly damages prestige and reputation enjoyed by CA profession, urges ICAI to take strict disciplinary action and immediate steps to stem the "deteriorating standards" & "alarming practices" among some CAs; Criticises ICAI for allowing CA coaching classes to "mushroom", consequently leading to 'manufacturing' of Chartered Accountants and replacement of analytical thinking by 'spoonfeeding'; Expresses doubts over efficacy of CPE seminars, if such advices are given by CAs attending them; Rejects affidavits given by both the CA firm & assessee, remarks that conduct of assessee beyond comprehension of "human conduct and probabilities" : Mumbai ITAT
No comments:
Post a Comment