Court :
INCOME TAX APPELLATE TRIBUNAL
Brief :
This is an assessee’s appeal. The following norms are raised at the outset. Learned counsel for the assessee contends that assessee is a civil contractor, regularly assessed tax. During this year 18 creditors having calculated outstanding amount of Rs. 6,56,70,827- as on 31.03.2007. AO asked for their confirmation which could not be filed in time as the same were asked at the fanged of assessment on 27.10.2009. On 17.12.2009 Aseessee’s CA filed an application requesting for adjournment as the requisite information could not be gathered due to some difficulties.
Citation :
Jay Prakash WZ-3, Asaltpur Janakpuri New Delhi (Appellant) Vs. Add. CIT Range-26 New Delhi (Respondent)
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