ITAT Imposes Rs 5,000 Cost on Assessee for Non-Compliance of CIT(A) notices

Edifice Properties Pvt Ltd Vs DCIT (ITAT Mumbai) Introduction: In a recent development, the Income Tax Appellate Tribunal (ITAT) Mumbai has imposed a cost of Rs 5,000 on Edifice Properties Pvt Ltd for non-compliance with notices issued during their appeal against the order of the Commissioner of Income-tax (Appeals) – 48, Mumbai (CIT(A)). This article delves into the details of the case, the grounds raised by the assessee, and the ITAT’s decision. Background of the Case: Edifice Properties Pvt Ltd had filed an appeal against the order dated 16.03.2023 passed by the CIT(A) for the asses...