Cost imposed on assessee for negligence in diligently prosecuting appeal before CIT(A): ITAT Ahmedabad

Sarojben Lalitbhai Vadhani Vs ITO (TAT Ahmedabad) ITAT Ahmedabad restored the matter back to the file of CIT(A) after imposing cost of Rs. 5,000 on the assessee for negligence in diligently prosecuting the appeal before CIT(A). It is directed that amount is to be deposited in the Prime Minister’s Relief Fund. Facts- The assessee, an individual, did not file her return of income for AY 2012-13. The case was reopened u/s. 147 of the Act based on information received during a search operation on J.P. Iscon Group, revealing that the assessee had allegedly paid Rs. 46,50,500/- as unaccounted cas...