Oriental Rail Infrastructure Limited vs. Asst. Commissioner of Income Tax

Parties Involved

Facts Summary

The assessee company, engaged in the business of manufacturing railways products, filed an income return on 06.11.2017 declaring a total income of Rs. 12,11,87,880/-. The case was selected for scrutiny, and statutory notices under sections 143(2) and 142(1) of the Income Tax Act, 1961 were issued and served upon the assessee. After considering the details filed by the assessee, the total income was assessed at Rs. 13,96,38,490/-. The assessee preferred an appeal before the Commissioner of Income Tax (Appeals), who dismissed the appeal ex-parte. The assessee then filed a second appeal against the order of the Commissioner of Income Tax (Appeals).…

Legal Issues

• 1. Whether the ex-parte order passed by the Commissioner of Income Tax (Appeals) violated the principles of natural justice?
• 2. Whether the Commissioner of Income Tax (Appeals) erred in confirming the additions made by the assessing officer?

Judgment Outcome

Decided in favour of Assessee.

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