https://www.taxtmi.com/caselaws?id=458421 HC dismissed the tax appeal where assessee challenged revision u/s 263 regarding discrepancies between balance sheet and cash flow statement figures. CIT(A) dismissed appeal ex-parte for non-compliance. ITAT restored matter to CIT(A) in interest of natural justice, but assessee again failed to comply. HC found assessee was using technical grounds to avoid substantive reconciliation and attempting to delay proceedings. Court noted due compliance was made in reassessment proceedings and assessee was given adequate opportunities for representation but continued delaying. Appeal dismissed as petitioner's submissions were dilatory tactics rather than genuine legal grievances. en-us Fri, 22 Dec 2023 00:00:00 +0530 Fri, 25 Oct 2024 20:09:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=458421 HC dismissed the tax appeal where assessee challenged revision u/s 263 regarding discrepancies between balance sheet and cash flow statement figures. CIT(A) dismissed appeal ex-parte for non-compliance. ITAT restored matter to CIT(A) in interest of natural justice, but assessee again failed to comply. HC found assessee was using technical grounds to avoid substantive reconciliation and attempting to delay proceedings. Court noted due compliance was made in reassessment proceedings and assessee was given adequate opportunities for representation but continued delaying. Appeal dismissed as petitioner's submissions were dilatory tactics rather than genuine legal grievances. Case-Laws Income Tax Fri, 22 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=458421