ITAT Orders Rs 25,000 Cost Deposit in PM Relief Fund for Assessee’s Non-Compliance

Tera Naturals Resources Pvt. Ltd. Vs ITO (ITAT Mumbai)

Introduction: In a recent case involving Tera Naturals Resources Pvt. Ltd. versus the Income Tax Officer (ITO), the Income Tax Appellate Tribunal (ITAT) in Mumbai issued an order directing the assessee to deposit a cost of Rs 25,000 in the Prime Minister Relief Fund. This action was taken due to the non-compliance behavior exhibited by the assessee during the appellate proceedings. This article provides an in-depth analysis of the case,

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