ITAT sets aside PCIT’s Revision Order for Failing to provide Adequate Hearing Opportunity and ignoring Submissions of Taxpayer [Read Order]

Failing to provide a reasonable hearing opportunity and ignoring the assessee's submission caused ITAT to set aside the PCIT’s revision order
By Kavi Priya - On August 8, 2024 2:48 pm - 2 mins read
ITAT - ITAT Ahmedabad - PCIT - PCIT Revision Order - Income Tax Appellate Tribunal - Taxpayer Submissions - taxscan

The Ahmedabad Bench of the Income Tax Appellate Tribunal ( ITAT ) set aside the Principal Commissioner of Income Tax’s ( PCIT ) revision order for failing to give adequate opportunity for the assessee and ignoring the submission before issuing the order. The tribunal remanded the matter back on the file of the PCIT. Assessee,…

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