Revenue fails to consider submissions, Violating Principles of Natural Justice: ITAT Restores Case for De Novo Adjudication [Read Order]

ITAT restores the case for de novo adjudication, as revenue fails to consider submissions, violating principles of natural justice
ITAT - ITAT Chennai - Income Tax - Natural justice in tax cases - Violation of natural justice - De novo adjudication - taxscan

The Chennai bench of the Income Tax Appellate Tribunal ( ITAT ) allowed the appeal for statistical purposes and restored the case for de novo adjudication. In this case, the assessee is a 50:50 joint venture (JV) between Amalgamations Limited, India, and Valeo France, established under a JV agreement dated 31st January 1997. The appellant…

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