Failure of AO to provide Sufficient Time for required details Prevents Verification at the Time of Assessment: ITAT directs Readjudication [Read Order]

By Namaskar Acharya - On August 20, 2023 6:30 am - 3 mins read
Failure - AO - provide-sufficient- time -details- prevents- verification - assessment-ITAT - readjudication-TAXSCAN

The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) restored the file of the Assessing Officer (AO) for deciding afresh after examination of the relevant supporting details filed by the assesse. A search and seizure action under section 132 of the Act was carried out on 26.11.2019 at the branch offices, site offices, residences…

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