ITAT Ahmedabad Set Aside Ex-Parte Orders on Capital Gains & Penalty  

Advertisement Vijayaben Rajubhai Thakor Vs ITO (ITAT Ahmedabad) The Income Tax Appellate Tribunal (ITAT) Ahmedabad has remanded two appeals filed by Vijayaben Rajubhai Thakor back to the National Faceless Appeal Centre (NFAC) for fresh adjudication on merits. The appeals, concerning Assessment Year 2009-10, challenged an ex-parte assessment order under Section 144 read with Section 147 of the Income Tax Act, 1961, and a subsequent penalty order under Section 271(1)(c) of the Act. Case Background: The case originated from a reassessment proceeding initiated under Section 147 of the Act. Info...