ITAT Nagpur Remands AY 2018-19 Ex-Parte Loan Addition for Fresh Hearing

Alankar Real Estates Pvt. Ltd. Vs DCIT (ITAT Nagpur)

CIT(A) Erred in Dismissing Appeal & Adjudicating Merits Without Opportunity – Ex-Parte Loan Addition Sent Back for Fresh Hearing

Assessee filed appeal against order of CIT(A)/NFAC dated 16.04.2025 which had upheld ex-parte assessment framed u/s 144. AO had made addition on account of unsecured loan treating it as unexplained.  Assessee contended that loan had been fully repaid in subsequent year & lender company continued to hold active status as per MCA records.

However, both AO & CIT(A) proceede

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