Appeal Dismissal Under Section 249(4)(b) Invalid Without Advance Tax Liability: ITAT Hyderabad

Kumar Cherka Vs ITO (ITAT Hyderabad) The appeal before the Income Tax Appellate Tribunal (ITAT), Hyderabad Bench, arose from an order of the Commissioner of Income Tax (Appeals), National Faceless Appeal Centre (NFAC), for Assessment Year 2020-21. The assessee had not filed a return of income for the relevant assessment year. Based on information available with the Assessing Officer (AO), it was noticed that an amount of Rs. 89,12,572 was received from Southern Power Distribution Company of Telangana Limited. The AO reopened the assessment under section 147 and issued a notice under section 14...