I am trying to understand one research paper and it have some sigma symbols in formula ,
∑ signs I can see denote a sum over all "relevant" values of t
But in implementation they are using reduce sum function that's where i am confuse. Can anyone explain what actually first sigma represent and what second sigma represent ?

I can't see what's in the numerator of your formula for $\alpha_{it}$, but both $\sum$ signs I can see denote a sum over all "relevant" values of $t$. For brevity, authors write like that whenever the context makes the set of relevant indices obvious. However, the explanation that makes it obvious is probably not in the algebra, but in the text between equations.