Ex-Parte Income Tax Addition: ITAT remands matter to AO

Israr Ahmed Vs ITO (ITAT Delhi) In the case of Israr Ahmed Vs ITO (ITAT Delhi), the appellant, Israr Ahmed, challenged the income tax assessment under sections 144 and 147 of the Income Tax Act, which had resulted in an ex-parte addition of ₹46.58 lakh as unexplained income. The appellant argued that the authorities had not made proper efforts to serve notices and had failed to consider relevant documents and explanations that were submitted by the assessee. The CIT(A) had dismissed the appeal and even enhanced the addition to ₹1.17 crore, based on unexplained deposits in bank accounts. Th...