Penalty Appeal Decided as Assessment Appeal Violates Section 250(6): ITAT Indore

Advertisement Madhya Pradesh Police Housing Corporation Ltd Vs ACIT (ITAT Indore) The ITAT Indore considered an appeal against the order of the CIT(A)-NFAC dated 17.10.2023 arising from a penalty order passed under Section 271(1)(c) of the Income-tax Act, 1961 for AY 2013-14. The appeal was filed with a delay, and the assessee sought condonation, explaining that it had first pursued rectification under Section 154 before the CIT(A). The rectification applications for AYs 2008-09 and 2013-14 remained pending for about two years before the NFAC. After the rectification applications were dispo...