Bengaluru ITAT Allows Fresh Challenge to Reassessment & Section 80P Disallowance

Hassan Co Operative Society Limited Vs ITO (ITAT Bangalore) Bengaluru ITAT: Ex Parte Order Set Aside; Co-operative Society Permitted to Raise Fresh Legal Grounds in Reassessment, Including Section 148A and Section 80P Issues The Bengaluru Bench of the ITAT held that where the CIT(A) dismissed the appeal ex parte without examining the issues on merits, the assessee should be afforded an opportunity to raise all available legal and factual grounds, including the validity of the reassessment proceedings and the disallowance of deduction under section 80P. The Tribunal observed that, in the intere...