ITAT Patna Remands ₹1.32 crore addition Case to CIT(A) for Review

Raj Kishor Prasad Vs Assessment Unit (ITAT Patna) The Income Tax Appellate Tribunal (ITAT) Patna reviewed an appeal by Raj Kishor Prasad against an order passed by the National Faceless Appeal Centre (CIT(A)) regarding the assessment year 2018-19. The case originated from information received via the INSIGHT portal, suggesting that taxable income had escaped assessment. The Assessing Officer (AO) found that the assessee had neither filed a return under Section 139 nor responded to a notice under Section 148, leading to an addition of ₹1.32 crore as unexplained income under Section 68. The CI...