Addition made in Excess of Income Tax SCN Against Ducati India: ITAT Directs AO to Reappraise Evidence [Read Order]

The tribunal criticized the CIT(A) for not considering the additional evidence provided during the appeal
By Varda Marakkar - On October 5, 2024 4:54 pm - 2 mins read
ITAT - ITAT Delhi - Income Tax - Show cause notice - Addition in Excess of Income Tax - Ducati India - taxscan

Recently, the Income Tax Appellate Tribunal ( ITAT ) of Delhi has directed the Assessing Officer (AO) to reappraise evidence in a case involving Ducati India Private Limited. The assessee-company had appealed against a tax demand resulting from an addition of Rs. 2.63 crore made by the tax authorities, which exceeded the amount indicated in the…

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