https://www.taxtmi.com/caselaws?id=63423 The Tribunal allowed the appeal by the public limited company against the ex parte assessment for the assessment year 1983-84. The Tribunal directed the Income Tax Officer (ITO) to reconsider the income computation based on the furnished details and specific items not provided within the allowed time. The ITO was instructed to draw adverse inferences on certain items impacting the income computation. The appeal was treated as allowed for statistical purposes, indicating a favorable outcome for the assessee in the appeal process. en-us Fri, 28 Sep 1990 00:00:00 +0530 Sat, 29 Jan 2011 18:35:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=63423 The Tribunal allowed the appeal by the public limited company against the ex parte assessment for the assessment year 1983-84. The Tribunal directed the Income Tax Officer (ITO) to reconsider the income computation based on the furnished details and specific items not provided within the allowed time. The ITO was instructed to draw adverse inferences on certain items impacting the income computation. The appeal was treated as allowed for statistical purposes, indicating a favorable outcome for the assessee in the appeal process. Case-Laws Income Tax Fri, 28 Sep 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=63423