ITAT Orders Fresh Review of ₹15.88 Lakh Section 69A Unexplained Income

Amit Hasmukhbhai Shah Vs ITO (ITAT Ahmedabad) TAT Ahmedabad restores ₹15.88 lakh reassessment addition, directs AO to re-verify cash deposits after considering evidence overlooked by lower authorities. Ahmedabad: The Income Tax Appellate Tribunal (ITAT), Ahmedabad bench, has remitted a case involving a reassessment addition of ₹15.88 lakh back to the Assessing Officer (AO) for fresh verification. The Tribunal found that both the AO and the Commissioner of Income Tax (Appeals) [CIT(A)] had failed to adequately consider the information and evidence submitted by the assessee during the assess...