Ex-Parte CIT(A) Order Set Aside – Advance Rent Reconciliation to Be Examined Afresh

Geet Reality Vs DCIT (ITAT Ahmedabad) Ex-Parte CIT(A) Order Set Aside—Advance Rent Reconciliation to Be Examined Afresh; Delay of 656 Days Condoned with ₹5,000 Cost The Assessee, engaged in construction & rental of a commercial mall, filed appeal against NFAC’s ex-parte order dated 24.03.2023, which confirmed an addition of ₹36,29,972 treating “advance rent” as undisclosed rent receipts based on mismatch between booked rent (₹62,81,762) and Form 26AS rent from PVR Ltd (₹99,11,734). Condonation of Delay (656 days) The appeal was filed nearly two years late. The Assessee subm...