https://www.taxtmi.com/caselaws?id=260949 The Tribunal upheld the Commissioner's decision in appeals filed by three assessees under section 263 of the Income-tax Act, 1961. Despite a delayed filing citing a family tragedy, the Tribunal admitted the appeals. An ex-parte hearing occurred due to the non-appearance of the assessees, focusing on profits from Pan Masala production. Evidence of excess production and sales led to the dismissal of appeals, confirming the need to reframe assessments. The Tribunal emphasized the importance of thorough examination in tax proceedings, affirming the Commissioner's orders for reexamination based on unaccounted production and sales. en-us Fri, 24 Apr 2015 00:00:00 +0530 Mon, 29 Jun 2015 06:29:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=260949 The Tribunal upheld the Commissioner's decision in appeals filed by three assessees under section 263 of the Income-tax Act, 1961. Despite a delayed filing citing a family tragedy, the Tribunal admitted the appeals. An ex-parte hearing occurred due to the non-appearance of the assessees, focusing on profits from Pan Masala production. Evidence of excess production and sales led to the dismissal of appeals, confirming the need to reframe assessments. The Tribunal emphasized the importance of thorough examination in tax proceedings, affirming the Commissioner's orders for reexamination based on unaccounted production and sales. Case-Laws Income Tax Fri, 24 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=260949