Advertisement
Advertisement
Skip to content
Follow Us on
Advertisement
TOP STORIES
Income Tax

ITAT Imposes Costs on Non-Responsive Assessee, Directs CIT(A) to Conduct Fresh Hearing

Case Law Details

Case Name
Prithvi Steel Rolling Mills Private Limited Vs DCIT (ITAT Jaipur)
Date of Judgement/Order
Only available for paid members
Related Assessment Year
2012-13
Advertisement
Prithvi Steel Rolling Mills Private Limited Vs DCIT (ITAT Jaipur) The Income Tax Appellate Tribunal (ITAT) Jaipur addressed an appeal by Prithvi Steel Rolling Mills Private Limited, challenging the Commissioner of Income Tax (Appeals) [CIT(A)]’s order, which had upheld an addition of Rs. 7,49,610 under Section 40A(3) of the Income Tax Act for cash payments exceeding the permissible limit to transporters. The Assessing Officer (AO) had disallowed these payments, citing the assessee’s failure to comply with the statutory limit of Rs. 35,000 for cash transactions. The CIT(A) dismissed...
This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Advertisement

Author Info

CA Sandeep Kanoi
Qualification: CA in Job / Business
Company: Taxguru Consultancy
Location: Mumbai, Maharashtra
Articles Published: 17,409

Join TaxGuru's Network for the latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Reply

Your email address will not be published. Required fields are marked *