Denovo assessment directed with cost of Rs. 5000 for failure to respond to notices

Guru Krishnanand Charitable Trust Vs DCIT (ITAT Chennai)

ITAT Chennai set aside the order and appeal restored back to the file of AO for denovo assessment, however, cost of Rs. 5,000 imposed for non-response on the part of the assessee. Accordingly, appeal allowed.

Facts- The assessee M/s Guru Krishnanand Charita

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