Inspector’s Report Cannot Be Used Behind Assessee’s Back: ITAT Delhi

Cygnus Infrabuild Private Limited Vs ITO (ITAT Delhi) Inspector’s Report Cannot Be Used Behind Assessee’s Back: ITAT Delhi Remands Section 68 and 26AS Mismatch Additions The Delhi Bench of the ITAT allowed the assessee’s appeal for AY 2011-12 for statistical purposes and remanded the matter to the Assessing Officer, holding that additions were made in violation of principles of natural justice. On the Section 68 issue, the Tribunal observed that the assessee had furnished confirmations, bank statements, ITRs and other documents in support of share capital and share premium of ₹73.50 la...