ITAT Restores Appeals to AO for Reassessment Due to Incomplete Evidence Submission [Read Order]

The Tribunal noted that while the assessee had not provided all necessary details, the earlier assessment orders were not properly reviewed in line with Tribunal directions
ITAT - ITAT Cuttack - Income Tax - Assessing Officer - Income Tax Reassessment - TAXSCAN

In a recent case, the Cuttack Bench of the Income Tax Appellate Tribunal ( ITAT ) allowed the appeal of the assessee and directed the Assessing Officer ( AO ) to reassess the appeals for the assessment years (AY) 2007-08, 2008-09, and 2009-10. The Tribunal rejected the limitation issue for AY 2007-08 and mandated a…

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