MP HC to Examine ITAT's Reliance on Investigation Report sans ITAT Rule 29 Compliance, Issues Notice to Income Tax Department [Read Order]

The Madhya Pradesh High Court has questioned the Income Tax Appellate Tribunal (ITAT) for relying on an investigation report without complying with ITAT Rule 29. A notice has been issued to the Income Tax Department regarding the matter. The court also condoned a 5-day delay in filing the appeal. \r

The appeal was admitted on the substantial question of law regarding the Tribunal's reliance on the investigation report without adherence to Rule 29 of the ITAT Rules, 1963. Justices Dharam Adhikari and Gajendra Singh ruled to issue notice to the respondent, with a condition of payment of process fees within seven working days through RAD mode, returnable within four weeks.