ITAT dismisses Appeal Due to Non-Representation; Assessee May Seek Restoration Per Rule 24

Ram Dev Rice Pvt. Ltd. Vs ACIT (ITAT Delhi) Income Tax Appellate Tribunal (ITAT) dismissed the appeal filed by the assessee against the order dated 17.11.2016 passed by the CIT(A). During the hearing, no representative appeared on behalf of the assessee, while the Revenue was represented by the Senior Departmental Representative (Sr. DR). After examining the records, including the Assessing Officer’s order dated 31.03.2014 and the CIT(A)’s detailed and reasoned appellate order, the ITAT found no material to challenge the CIT(A)’s conclusions. Consequently, the Tribunal declin...