Negligent and Casual Approach during Income Tax Assessment Proceedings: ITAT imposes Cost of Rs. 5000 on Assessee [Read Order]

Negligent - Casual Approach - Income Tax Assessment Proceedings - ITAT - Assessee - Taxscan

The Income Tax Appellate Tribunal (ITAT), Ahmedabad bench has imposed a cost of Rs. 5000 on the assessee considering the negligent and causal approach during the assessment proceedings under the Income Tax Act, 1961. The assessee, Shri Rajkumar Tiwari, is an individual who filed his return of income for the year under consideration on 28.02.2018…

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