Case Law Details
H.P. Agro Industries Corp. Ltd. Vs ITO (ITAT Chandigarh)
Government Corporation is like any other assessee before the tax authority and cannot be allowed to plead that on this count it be given a preferential treatment and be allowed to escape the responsibilities of representing their case before the other governmental authorities including the tax authorities.
Facts-
The assessee, a Government Corporation of the H.P. Government. The assessee is stated to be engaged in trading of items like Tractor, Iron and Steel, Tyres and Tubes, Insecticides and Pesticides etc. It is also seen to be carrying on manufacturing activities such as formulation of animal feed, insecticides and pesticides, processing honey and fabrication of agricultural implements road and forest tolls etc .
The assessee’s representation before the AO has been an abuse of the process of law as effectively there was no participation and that It is seen that after affording opportunities the Assessing Officer ultimately passed the order u/s 144 as the claims in the return remained unsubstantiated despite opportunity. Hence the AO dismissed the plea of the assessee. The CIT confirmed the order of AO. Aggrieved by the said order the assessee approached the Tribunal.
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