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Income Tax - Highlights / Catch Notes

Home Highlights October 2020 Year 2020 This

Appeal ex-parte decided by CIT-A - AO objected to admission of ...


Commissioner orders de novo assessment after AO objects to additional evidence; audited financials to be reviewed.

October 5, 2020

Case Laws     Income Tax     AT

Appeal ex-parte decided by CIT-A - AO objected to admission of the additional evidence - Audited financial statements and audited report could not be filed during the course of assessment proceedings due to factors entirely beyond the control of the assessee, in the interest of substantial justice, the AO should de-novo make the assessment after duly considering the audited financial statements and the audit report of the assessee - AT

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