Calcutta HC Remands Case for Fresh Assessment; Warns Against Non-Cooperation

Somnath Commosales Private Limited Vs PCIT-3, Kolkata & Anr. (Calcutta High Court) In the case of Somnath Commosales Private Limited vs PCIT-3, Kolkata & Anr., the Calcutta High Court reviewed the appeal under Section 260A of the Income Tax Act, 1961, filed by the assessee challenging the Income Tax Appellate Tribunal’s order. The Tribunal had dismissed the assessee’s miscellaneous application, which requested another opportunity to contest the matter on merits, citing the assessee’s failure to appear during previous proceedings. The court noted the assessee’s l...