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Case Name : Neel Kumar Ajmera Alias Nilesh Ajmera Vs PCIT (Madhya Pradesh High Court)
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Neel Kumar Ajmera Alias Nilesh Ajmera Vs PCIT (Madhya Pradesh High Court) Madhya Pradesh High Court ruled in favor of Neel Kumar Ajmera alias Nilesh Ajmera in his appeal against the Principal Commissioner of Income Tax (PCIT), addressing a significant delay in filing an appeal before the Income Tax Appellate Tribunal (ITAT). Ajmera’s case originated from a search and seizure under Section 132 of the Income Tax Act, leading to an assessment order determining his income at ₹65.91 crore. Subsequent appeals led to a remand by ITAT, and after a fresh assessment, the Commissioner of Income Tax (...
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