ITAT Grants Assessee One More Opportunity Despite Negligence in Responding

Namtech Electronic Devices Ltd Vs ITO (ITAT Bangalore) In Namtech Electronic Devices Ltd Vs ITO (ITAT Bangalore), the Income Tax Appellate Tribunal (ITAT) addressed an appeal filed by the assessee against the order of the Commissioner of Income Tax (CIT(A)) dated 31.07.2024 for the assessment year 2018-19. The appeal was initially decided ex-parte by the CIT(A) due to the assessee’s failure to respond to multiple notices requesting written submissions. The assessee, a defunct company with minimal staff, argued that administrative issues prevented them from responding to the notices. They...