Bombay HC Sets Aside ITAT Order For Failing To Decide Challenge To Faceless Assessment Procedure

Advertisement Accost Media LLP Vs DCIT (Bombay High Court) The Bombay High Court considered an appeal under Section 260A of the Income Tax Act, 1961 challenging the Income Tax Appellate Tribunal’s (ITAT) order dated 10 December 2024, which had upheld the Commissioner of Income Tax (Appeals)’ order restricting the disallowance of certain expenditure to 12.5% while dismissing both the assessee’s appeal and the Revenue’s cross-appeal. The appeal concerned Assessment Year 2021-22 and raised questions relating to compliance with Section 144B and the correctness of the dis...