Dismissal of appeal on account of non-prosecution without deciding on merits unjustified: ITAT Ranchi

Maa Chintpurni Mining Pvt Ltd Vs ITO (ITAT Ranchi) ITAT Ranchi held that dismissal of appeal by CIT(A) on account of non-prosecution without deciding the matter on merits is unsustainable in law. Accordingly, matter remanded back for de novo adjudication. Facts- The assessee is engaged in the business of mining and filed its return of income electronically on 29.10.2015 declaring total income at Rs.21,960/-. The case of the assessee was selected under limited scrutiny under CASS for the reason ‘large share premium received during the year’. During the assessment proceedings, the as...