ITAT Ahmedabad: CIT(A) Order Vitiated for Mixing Two Years’ Facts; Remanded

Precision Infratech Private Limited Vs DCIT (ITAT Ahmedabad) CIT(A) Order Vitiated for Interchanging Facts of Two Years; Matters Remanded for Fresh Adjudication – ITAT Ahmedabad The Ahmedabad Bench of the ITAT set aside the orders passed by the NFAC-CIT(A) for Assessment Years 2018-19 and 2023-24 after finding a glaring error of interchange of facts between the two assessment years, amounting to complete non-application of mind. For AY 2018-19, the Assessing Officer had made an addition of ₹70 lakh on account of bogus loan, whereas for AY 2023-24, an addition of ₹14.20 crore was made on ...