ITAT Grants Fresh Hearing but Imposes Cost as Different Email Does Not Excuse Earlier Non-Compliance

Arvind Mevalal Panchal Vs ITO (ITAT Ahmedabad) ITAT Remands Section 69A Addition Because Entire Bank Credits Cannot Be Treated as Income Without Examination;  Different Email for Final Notice Not Enough to Explain Prior Defaults, Rules ITAT Ahmedabad;  ₹10,000 Cost Imposed Because Assessee Failed to Comply Despite Multiple Opportunities The assessee filed his return for AY 2018-19 declaring income of ₹2,98,810 and disclosed turnover of ₹34,33,781 with profit offered under Section 44AD. Subsequently, it was found that cash deposits of ₹1,37,54,800 had been made in the assessee’s ban...