Violation of Rule 46A: HC directs de novo consideration by CIT(A)

Pravir Polymers Private Limited Vs ITO (Bombay High Court) Introduction: The Bombay High Court recently issued a significant order in the case of Pravir Polymers Private Limited Vs. ITO, directing a fresh consideration by the Commissioner of Income Tax (Appeals) [CIT(A)] due to the violation of Rule 46A. This article delves into the details of the case, exploring the background, legal provisions, and the court’s crucial observations. Detailed Analysis: The petitioner, Pravir Polymers Private Limited, faced a reopened assessment based on information from the Investigation wing, alleging ...