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Repeated Non-Appearance Not Fatal Where Justice Demands Reconsideration: ITAT Mumbai

Case Law Details

Case Name
Paras Multiplex LLP Vs ITO (ITAT Mumbai)
Date of Judgement/Order
Only available for paid members
Related Assessment Year
2011-12
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Paras Multiplex LLP Vs ITO (ITAT Mumbai) The appeal before the Income Tax Appellate Tribunal, Mumbai arose from an ex-parte order passed by the Commissioner of Income Tax (Appeals), NFAC, for Assessment Year 2011–12. The assessee had originally filed a return declaring nominal income, which was accepted under section 143(3). Subsequently, the assessment was reopened under section 147, and contractual expenses amounting to ₹64.12 lakh were disallowed under section 69C, resulting in a substantially enhanced assessed income. Before the CIT(A), multiple notices were issued, and several adjourn...
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Author Info

CA Sandeep Kanoi
Qualification: CA in Job / Business
Company: Taxguru Consultancy
Location: Mumbai, Maharashtra
Articles Published: 17,295

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