ITAT Ahmedabad held that non-compliance to notices issued u/s. 250 by CIT (A) resulted into delayed appellate proceedings. Accordingly, cost of Rs. 5,000 imposed on the assessee for lack of diligence.
In the case of Karunakaran Leela vs. ITO, the ITAT Chennai reviewed the addition of ₹36.50 lakh made under Section 68 of the Income Tax Act for unexplained cash credits linked to unsecured loans. The ...
National Company Law Appellate Tribunal (NCLAT) in Chennai recently dismissed the appeal of Lanco Infratech Employees Welfare Association, which sought the payment of retention allowance to its ...