ITAT Allows Appeals, Remits Cash Ownership Determination to Assessing Officer

Hira Lal Kadlabju Vs ACIT (ITAT Amritsar) wo separate appeals were filed by different assesses against the order of the Commissioner of Income Tax (Appeals) for the assessment year 2001-02. The appeals were filed against the order passed by the Income Tax Officer under section 143(3) of the Income Tax Act, 1961. Both appeals dealt with similar facts and issues, so they were heard together and a common order was passed for convenience. The lead case was identified as ITA No. 28/Asr/2023. The appellant raised several grounds, challenging the addition made by the assessing officer, the lack of pr...