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Ex Parte Dismissal Set Aside -Section 50C Addition of ₹27.80 Cr in JDA Dispute Remanded for Re-Examination
Case Law Details
- Case Name
- South Kanara Agriculturists Co-operative Marketing Society Ltd. Vs ACIT (ITAT Bangalore)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2014-15
- Courts
- All ITAT, ITAT Bangalore
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South Kanara Agriculturists Co-operative Marketing Society Ltd. Vs ACIT (ITAT Bangalore)
Ex Parte Dismissal Set Aside -Section 50C Addition of ₹27.80 Cr in JDA Dispute Remanded for Re-Examination
Bangalore Bench of Tribunal in the case of South Kanara Agriculturists Co-operative Marketing Society Ltd. Vs. ACIT, Circle 1(1), Mangalore (ITA No.525/Bang/2025, A.Y. 2014-15) has held that an appeal cannot be dismissed for non-prosecution and CIT(A) is bound to adjudicate on merits. Tribunal restored the matter to AO for fresh examination of a Joint Development Agreement (JDA) inv...
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