https://www.taxtmi.com/caselaws?id=434410 The High Court set aside the ITAT's order dismissing a Miscellaneous Application for recalling an order due to non-prosecution, remitting the matter to the Tribunal for disposal of the petitioner's statutory appeal on merits. The Court emphasized the relevance of Rule 24 of the ITAT Rules in such situations, allowing for setting aside ex parte orders and restoring appeals upon showing sufficient cause for non-appearance. The petitioner's denial of depreciation allowance worth Rs. 53,31,982 for AY 2011-2012 was deemed deserving of a hearing on merits, leading to the Court's decision to overturn the ITAT's order and provide the petitioner with an opportunity for a fair adjudication. en-us Mon, 06 Feb 2023 00:00:00 +0530 Wed, 16 Aug 2023 12:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=434410 The High Court set aside the ITAT's order dismissing a Miscellaneous Application for recalling an order due to non-prosecution, remitting the matter to the Tribunal for disposal of the petitioner's statutory appeal on merits. The Court emphasized the relevance of Rule 24 of the ITAT Rules in such situations, allowing for setting aside ex parte orders and restoring appeals upon showing sufficient cause for non-appearance. The petitioner's denial of depreciation allowance worth Rs. 53,31,982 for AY 2011-2012 was deemed deserving of a hearing on merits, leading to the Court's decision to overturn the ITAT's order and provide the petitioner with an opportunity for a fair adjudication. Case-Laws Income Tax Mon, 06 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=434410