2020 (8) TMI 765

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.... Tribunal, B Bench, Chennai in I.T.A.No.2623/Chny/2012 for the assessment year 2012-13. The appeal is admitted on the following substantial questions of law: 1. Whether the appeal filed before the First Appellate Authority is maintainable in the light of the corrected / revised computation of taxable total income filed before the Income Tax Appellate Tribunal with a pleading to admit the fresh claim and for restoring the first appeal for deciding the issues on merits? 2. Whether the provisions of Section 294(4) of the Act is applicable even after establishing the mistake in the original return of income filed in furnishing the revised computation of taxable total income before the Income tax Appellate Tribunal as a fresh/n....

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....ssessment tax which the assessee had admitted before the appellate authority. Aggrieved by the same, the assessee preferred an appeal before the Tribunal. The following four grounds were raised before the Tribunal: Grounds of Appeal 1. For that the order of the Commissioner of Income Tax (Appeals) is contrary to law, facts and circumstances of the case to the extent prejudicial to the interest of the appellant and is opposed to the principles of equity, natural justice and fair play. 2. For that the Commissioner of Income Tax (Appeals) failed to appreciate that the order of the Assessing officer is without jurisdiction. 3. For that the Commissioner of Income Tax (Appeals) erred in dismissing the appeal as....