ITAT Remands Unexplained Money Case to CIT(A) After Non-Appearance due to Miscommunication

Vijay Laxmanrao Peshane Vs ITO (ITAT Nagpur) SEO Title:  The Income Tax Appellate Tribunal (ITAT), Nagpur Bench, in the case of Vijay Laxmanrao Peshane Vs ITO, has decided to remand the appeal back to the Commissioner of Income Tax (Appeals) [CIT(A)] for fresh adjudication. The case pertained to the Assessment Year (A.Y.) 2017-18, where the Assessing Officer (AO) had made an addition of ₹26,34,000 under Section 69A of the Income Tax Act, 1961, treating the amount as unexplained money. The assessee, aggrieved by the AO’s order, filed a first appeal before the CIT(A). However, despite t...