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Income Tax

Matter remitted as voluminous documents submitted during hearing before ITAT

Case Law Details

Case Name
Stephen Fernandes Vs ITO (ITAT Bangalore)
Date of Judgement/Order
Only available for paid members
Related Assessment Year
2016-17
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Stephen Fernandes Vs ITO (ITAT Bangalore) ITAT Bangalore held that since assessee filed voluminous documents in paperbooks during the course of hearing before ITAT, the matter is remitted back to CIT(A) for consideration of documents furnished by the assessee and fresh decision as per law. Facts- The assessee filed return of income on 17.10.2016 declaring NIL income after adjusting loss of Rs.41,44,319 against other sources business profit of Rs.41,44,319. During the course of assessment proceeding details regarding income from business, loss from other sources and interest earned from various...
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