Payment of advance tax not required hence dismissal of appeal for non-payment unjustified: ITAT Bangalore

Asian Earth Movers Vs ITO (ITAT Bangalore) ITAT Bangalore held that dismissal of appeal by First Appellate Authority [CIT(A)] due to non-payment of advance tax unjustified as assessee was not required to pay advance tax. Hence, matter remanded back for fresh consideration. Facts- The assessee did not file return of income u/s. 139(1) for the AY 2018-19 and from the information available it was noticed that assessee had received contract receipts of Rs.3,85,020, commission of Rs.2,31,818 and immovable property transaction of Rs.67,67,000 and accordingly notice u/s. 148 was issued after due enqu...