Quantum Assessment Restored Due to Reliance on Chartered Accountant

Thol Seva Sahakari Mandali Limited Vs ITO (ITAT Ahmedabad) Consultant Negligence Illiterate Members: Tribunal Accepts Reason, Remands Quantum After ₹20,000 PMNRF Cost Assessee is a co-operative society of farmers engaged in providing financial accommodation to its members for agricultural purposes. For AYs 2017-18 and 2018-19, assessment orders were passed ex-parte u/s 144, as there was no representation before AO. Appeals before CIT(A) were also dismissed ex-parte as time-barred. Before Tribunal, assessee submitted that the society members are mostly illiterate farmers, dependent entirely o...