ITAT Grants Assessee Another Chance to Appeal with Cost

Sentrise Construction LLP Vs DCIT (ITAT Bangalore) ITAT Bangalore: Assessee Gets One More Chance – Ex-Parte Dismissal by CIT(A) Set Aside with Cost Assessee, engaged in construction business, filed its return of income on 15.02.2022 which was picked up for scrutiny on account of low net profit & receipts u/s 194M. AO issued multiple notices u/s s 143(2), 142(1) & 133(6). While some details were furnished, several notices went unanswered & many of the parties did not respond to enquiries. AO, therefore, disallowed expenses claimed under various heads including spot booking discoun...