Unexplained Property Case Remanded: ITAT Orders Fresh Hearing

Ashok Tiwari Vs ITO (ITAT Patna) Income Tax Appellate Tribunal (ITAT), Patna Bench, has set aside an order by the Commissioner of Income Tax (Appeals) [CIT(A)], National Faceless Appeal Centre (NFAC), Delhi, in the case of Ashok Tiwari versus the Income Tax Officer (ITO). The ITAT’s decision, pronounced on May 27, 2025, remits the matter back to the CIT(A) for a fresh adjudication, emphasizing the fundamental principle of natural justice and providing the assessee another opportunity to present his case. This ruling comes after the assessee’s unexplained property purchase of over R...