Reopening Grounds Not Examined by CIT(A): ITAT Restores Multiple Appeals for Fresh Adjudication

GRD Finance Pvt. Ltd. Vs ITO (ITAT Ranchi) Reopening Grounds Not Examined by CIT(A): ITAT Restores Multiple Appeals for Fresh Adjudication The Ranchi Bench of the ITAT dealt with a batch of five appeals filed by GRD Finance Pvt. Ltd. for AYs 2011-12, 2012-13, 2013-14 and 2017-18. The assessee raised technical and jurisdictional grounds challenging the validity of reopening and reassessment proceedings. The Tribunal observed that these crucial grounds had not been raised or adjudicated before the CIT(A), and therefore no findings were available on record. In the absence of such adjudication, th...