Monday, February 11, 2019

ITAT remanded matter back to AO as he failed to provide hearing opportunity before passing reassessment order

IT : Rule of fair hearing is necessary before passing any order. Thus, where assessee was not given proper hearing before order under section 147 as well as addition of Rs. 1.74 lakhs was confirmed in its case, matter was to be restored to file of Assessing Officer for reconsideration afresh

from www.taxmann.com Latest Case Laws http://bit.ly/2UTqnbS
-
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...