Deposit to Prime Minister’s Relief Fund directed for non-compliance on part of assessee: ITAT Ahmedabad

Pareshkumar Patil Vs ITO (ITAT Ahmedabad)

ITAT Ahmedabad held that AO and CIT(A) confirmed the addition since there was non-compliance on the part of the assessee. Thus, one more opportunity granted to the assessee to present its case however with a direction to deposit INR 2000 to the Prime Minister’s Relief Fund.

Facts- Notice was issued under section 148 of the Income Tax Act. However, assessee failed to respond to the same. AO observed that the assessee received a total sale consideration of Rs. 34,77,000/- from sale of property and made an investment

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