https://www.taxtmi.com/caselaws?id=255100 The appeals challenging orders passed by the Ld CIT(A) against the assessing officer's orders for different assessment years were dismissed due to the assessee's failure to appear, resulting in ex-parte disposal. The failure to prove loan credits under sec. 68 of the Act led to the confirmation of assessment orders as the burden of proof was not discharged. Orders related to non-remittance of tax deducted at source were upheld, while penalties under sec. 271C were deleted based on reasonable cause shown by the assessee. Penalties under sec. 272A(2)(c) were also set aside. en-us Wed, 08 Oct 2014 00:00:00 +0530 Mon, 23 Feb 2015 14:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=255100 The appeals challenging orders passed by the Ld CIT(A) against the assessing officer's orders for different assessment years were dismissed due to the assessee's failure to appear, resulting in ex-parte disposal. The failure to prove loan credits under sec. 68 of the Act led to the confirmation of assessment orders as the burden of proof was not discharged. Orders related to non-remittance of tax deducted at source were upheld, while penalties under sec. 271C were deleted based on reasonable cause shown by the assessee. Penalties under sec. 272A(2)(c) were also set aside. Case-Laws Income Tax Wed, 08 Oct 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=255100