ITAT Remands Unexplained Investment Matter Due to Non-Appearance Linked to Income Tax Notices issued During COVID Period [Read Order]

Considering most notices issued during the COVID period, the ITAT remands Ex-parte assessment for fresh adjudication
By Kavi Priya - On October 13, 2024 11:27 am - 2 mins read
ITAT - Unexplained Investment - Income Tax Notices - COVID Period - taxscan

The Surat Bench of Income Tax Appellate Tribunal (ITAT) remanded unexplained investment under Section 69A of the Income Tax Act, 1961 matter due to notices issued during COVID period which led to the assesseeā€™s non-appearance. Trupti Ashishkumar Desai, the assessee filed his income tax returns for the assessment year 2011-2012. The assessing officer scrutinized the…

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