2020 (11) TMI 396

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....'BLE MR. JUSTICE H.T.NARENDRA PRASAD FOR THE APPELLANT : BY SRI. CHYTHANYA K. K. ADV FOR THE RESPONDENT : BY SRI. K. V. ARAVIND , ADV JUDGMENT This appeal under Section 260-A of the Income Tax Act, 1961 (hereinafter referred to as 'the Act', for short) has been preferred by the assessee. The subject matter of the appeal pertains to the Assessment Year 2016-17. The appeal wh....

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....ibunal, by an order dated 29.05.2020, dismissed the appeal inter alia on the ground that in the absence of documentary evidence in support of assessee's claim that the property sold in question was not depreciable asset, no ground is made out to interfere with the order passed by the Commissioner of Income Tax (Appeals). In the aforesaid factual background, this appeal has been filed. 3. Le....

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....or the revenue has opposed the prayer. 4. We have considered the submissions made by the learned counsel for the parties. It is trite law that for the fault committed by a counsel, a party should not be penalized. It appears that on account of inadvertence, the senior chartered accountant engaged by the assessee could not comply with the directions of the Tribunal to file the documents. The tri....