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An order passed by the Tribunal even one day after the prescribed period of 90 days from the date of hearing causes prejudice to the assessee and is liable to be recalled – ITAT Mumbai

M/S ADMACH AUTO LIMITED, ITA NO. 9543/DEL/2019

To Download, Shri Kaushik N. Tanna ITA no. 5439 of Mumbai

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Where the assessing officer made certain additions on the basis of the information provided by DGIT (Inv.) , Mumbai, the same holds valid- ITAT Mumbai

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Due date for Form ITC-04 extended till 30th June 2019

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Where the additions and disallowances are deleted by the higher authorities, there is no basis for levying penalty u/s 271(1)(c) of the Act – ITAT Delhi

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