ITAT slaps ₹10,000 Cost on Assessee for Failure to Justify Non-Compliance in Appellate Stage while remitting ex-parte NFAC Order

The ITAT imposed costs on the assessee for failure to justify non-compliance during the appellate stage, while remitting an ex-parte order in the National Faceless Assessment Centre (NFAC). The assessee had failed to provide sufficient justification for non-compliance with tax procedures, leading to the imposition of costs. The ITAT emphasized the importance of adhering to timelines and procedural norms during the appellate process. The ruling serves as a reminder to taxpayers to be diligent in their compliance with tax rules and to avoid delays that could result in additional penalties.