CIT(A) Must Provide Adequate Opportunity to AO Before Deleting Additions

ACIT Vs Dhaneshbhai Parshottamdas Soni (ITAT Ahmedabad) Income Tax Appellate Tribunal (ITAT), Ahmedabad bench, has sent back a case involving significant tax additions to the Commissioner of Income Tax (Appeals) [CIT(A)] for a fresh decision. The tribunal’s order came after it noted that the CIT(A) had deleted substantial additions related to unexplained cash deposits and unsecured loans without obtaining a crucial remand report from the Assessing Officer (AO). The case, ACIT Vs Dhaneshbhai Parshottamdas Soni, for the Assessment Year 2017-18, involves an individual engaged in the busines...