Addition Remanded Due to Lack of Proper Opportunity

Royalux Lighting LLP Vs Assessment Unit (ITAT Delhi) Assessment Passed Without Considering Reply Set Aside: Delhi ITAT Restores Matter to AO for De-Novo Adjudication Delhi ITAT set aside the assessment order passed u/s 143(3) r.w.s. 144B and the consequential NFAC order, holding that the AO failed to consider the Assessee’s replies before completing the assessment, in violation of principles of natural justice. The Assessee had filed its return declaring income of ₹19.32 lakh. The AO completed assessment making an addition of ₹22.70 lakh. During the course of faceless assessment, the Ass...