In a significant ruling, the Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) has imposed a penalty of Rs. 5000 on an assessee on the grounds of a delay of 358 days in filing appeal and non-co-operation with the income tax department during the assessment proceedings. The assessee, who is an individual, took a […]
The post ITAT imposes Penalty of Rs. 5,000 on Assessee for Delay in filing Appeal and Non-Appearance before Tax Authorities [Read Order] appeared first on Taxscan | Simplifying Tax Laws.
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