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Fresh Hearing Granted After Ex-Parte NFAC Order Ignored Filed Documents
Case Law Details
- Case Name
- Vinayaka Projects Vs ITO (ITAT Bangalore)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2016-17
- Courts
- All ITAT, ITAT Bangalore
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Vinayaka Projects Vs ITO (ITAT Bangalore)
Opted for Postal, Got Only Email: ITAT Sets Aside Ex-Parte NFAC Order- Documents Already on Record—Assessee Gets Fresh Chance Before CIT(A)
Assessee appealed against CIT(A)/NFAC order dated 20.05.2025 which dismissed the appeal ex parte. Assessment was reopened u/s 147 & completed u/s 147 r.w.s. 144/144B making an addition of Rs.2,75,00,000/- towards unexplained investment in purchase of immovable property. Assessee contended that the source of investment was sale proceeds from development of site & had filed Form 26AS, bank ...
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