ITAT Hyderabad Judgments — February 2018

The Tribunal noted that the Special Bench decision relied upon by the CIT(A) was reversed by the Supreme Court. Therefore, the matter was set aside to the CIT(A) for reconsideration in light of the Apex Court's ruling.

The Tribunal dismissed the assessee's appeals, finding no material to justify their submissions or contradict the CIT(A)'s findings. Given the significant delay of 13-14 years, no further time was granted to the assessee to furnish evidence.

The Tribunal dismissed the appeal ex-parte due to the assessee's non-appearance and failure to provide any evidence to contradict the tax authorities' findings regarding the unexplained cash credits.

The Tribunal dismissed the assessee's appeals, finding no material to justify their submissions or contradict the CIT(A)'s findings. Given the significant delay of 13-14 years, no further time was granted to the assessee to furnish evidence.