ITAT Indore Remands Best Judgment Case to AO Due to Rejection of Additional Evidence

Mayank Raghuvansh Vs ITO (ITAT Indore) Indore bench of the Income Tax Appellate Tribunal (ITAT), in the case of Mayank Raghuvansh vs. ITO, has set aside an ex-parte assessment order passed under Section 144 of the Income Tax Act, 1961, for the Assessment Year 2017-18. The assessee, who had not filed a return of income, was assessed at ₹7.86 lakh on a substantive basis and ₹9 lakh on a protective basis. The CIT(A) upheld the order and rejected additional evidence filed under Rule 46A. The assessee argued before the Tribunal that both the assessment and appellate orders were passed in violat...