2023 (2) TMI 559

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....DAV, VICE PRESIDENT: The present appeal is directed at the instance of the assessee against the order of the Learned Commissioner of Income Tax (Appeal) - 1, Kolkata (hereinafter the "ld. CIT(A)") dt. 12/03/2018, passed u/s 250 of the Income Tax Act, 1961 ("the Act'), for Assessment Year 2012-13. 2. The assessee has taken eleven (11) grounds of appeal. However, its substantial grievance is that ....

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....nt to note that neither before the Assessing Officer nor before the ld. CIT(A), any representation was made by the assessee in spite of due notices issued to it. Under these circumstances, we proceed to dispose of this appeal ex-parte, qua the assessee, after hearing the ld. D/R. 4. Brief fact of the case are that the assessee has filed its return of income on 16/12/2012 electronically declaring ....

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....ssing Officer made addition of Rs.10,01,00,000/-. 5. Dissatisfied with the assessment order, the assessee filed an appeal before the ld. CIT(A). The ld. CIT(A) had fixed hearing and issued notice but in spite of adjourning it on three to four occasions, no one came present. The ld. First Appellate Authority has dismissed the appeal by observing that the assessee has failed to produce any new mate....