ITAT Remands Matter, Imposes Cost on Assessee for Lack of Cooperation

Vivekkumar S Bhavsar Vs ITO (ITAT Ahmedabad) In the case of Vivekkumar S Bhavsar vs ITO, heard by the ITAT Ahmedabad, the assessee appealed against an exparte appellate order confirming additions made by the AO relating to unexplained cash deposits. The appeal was based on the grounds of insufficient opportunity and lack of findings by the Commissioner of Income Tax (Appeals) (CIT(A)). Background: The assessee, an individual, filed their return of income for the Assessment Year 2017-18, declaring a total income of Rs. 2,05,970. The return was selected for limited scrutiny due to large cash de...