\u00a0<\/p>\n
The assessee-firm’s appeals against the assessment and penalty orders were dismissed by the Commissioner (Appeals) on the ground of delay. The assessee established that the business had been discontinued, the partners had shifted from the place of business and the assessment and penalty orders had never been served, the assessee becoming aware of them only on receipt of a recovery notice. The Tribunal held that sufficient cause had been shown for condonation of delay and that participation by the chartered accountant during assessment proceedings did not establish knowledge of the assessment orders. On the merits, the addition was made solely due to a clerical error in the date mentioned in the supplier’s invoice, despite the assessee producing revised invoices and supplier confirmation. Since these documents had not been properly examined, the assessment was restored to the Assessing Officer for fresh adjudication after due verification. As the quantum addition was remanded, the penalty under section 271(1)(c) was also set aside for fresh consideration, if necessary. (AY. 2014-15.)<\/p>\n","protected":false},"excerpt":{"rendered":"
S. 249: Appeal-Commissioner (Appeals)-Form of appeal and limitation-Condonation of delay -Ex parte assessment -Matter remanded for fresh adjudication. [S. 143(3), 221(1), 271(1)(c)] <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[21],"tags":[],"class_list":["post-62571","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-ghd","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/62571","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=62571"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/62571\/revisions"}],"predecessor-version":[{"id":62572,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/62571\/revisions\/62572"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=62571"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=62571"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=62571"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}