ITAT Imposes ₹1000 Fine for Non-Appearance during Assessment Proceedings, Payable to PM Relief Fund

The Income Tax Appellate Tribunal (ITAT) imposed a fine of ₹1,000 on a taxpayer for non-appearance during assessment proceedings. The fine is to be paid to the Prime Minister's Relief Fund. The tribunal took a stern view of the taxpayer's absence, emphasizing the importance of attending legal proceedings. This decision underscores the tribunal's commitment to ensuring that legal processes are respected and adhered to by all parties involved. The imposition of a nominal fine payable to a charitable cause also reflects the tribunal's balanced approach in dealing with procedural lapses.