Ex-Parte NFAC Order Quashed for Violating Section 250(6): Case Remanded for Fresh Hearing

Aligarh Wine Shop Co. Vs ITO (ITAT Agra)

Non-Compliance Not Excuse for Non-Speaking Order – Ex-Parte NFAC Order Set Aside: ITAT Remands for Fresh Hearing u/s 250(6)

In this appeal u/s 250 arising from the ex-parte appellate order dated 31.08.2024, Tribunal noted that Aligarh Wine Shop Co., engaged in retail liquor business with turnover of Rs.7,00,82,450/-, reported GP of 13.60% & NP of 0.36%. During assessment, AO rejected books for non-production of stock register, cash book & transport details, & estimated income at Rs.56,06,596/-, being 8%

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