Calcutta HC Allows Assessee to Re-argue Before ITAT with Rs. 1 Lakh Cost

Klenzer Trading Private Limited Vs PCIT (Calcutta High Court) In the case of Klenzer Trading Private Limited vs. PCIT, the Calcutta High Court allowed an appeal against an ex-parte order passed by the Income Tax Appellate Tribunal (ITAT) due to the non-appearance of the assessee. The appeal, filed under Section 260A of the Income Tax Act, 1961, concerns the assessment year 2012-13. The assessee argued that their absence during the ITAT hearing was neither willful nor deliberate, and requested another opportunity to present their case. The Court acknowledged the lack of representation but decid...