ITAT Pune Allows Appeal Because Assessee Missed Notices Sent to Old Email

Vinayak Bahiru Medge Vs ITO (ITAT Pune) Income Tax Appellate Tribunal (ITAT), Pune Bench, has provided a fresh opportunity to Vinayak Bahiru Medge, an assessee, to explain cash deposits and property purchases, setting aside an ex parte order from the Commissioner of Income Tax (Appeals), National Faceless Appeal Centre (NFAC). The case pertains to the Assessment Year 2015-16, where the Assessing Officer (AO) had made additions totaling ₹71,14,640 to Medge’s income. The dispute arose after the assessee failed to file a return of income, despite information indicating a cash deposit of ...