MP HC to Examine ITAT’s Reliance on Investigation Report sans ITAT Rule 29 Compliance, Issues Notice to Income Tax Department [Read Order]
According to Rule 29 of Income Tax Act stated that the parties to the appeal shall not be entitled to produce additional evidence either oral or documentary before the Tribunal
The Madhya Pradesh High Court has decided to scrutinize the Income Tax Appellate Tribunal ( ITAT ) ‘s reliance on an investigation report without adhering to ITAT Rule 29 compliance, and has consequently issued a notice to the Income Tax Department. An application filed under Section 5 of the Limitation Act, 1963 seeking condonation of…
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