Capital Gains Addition Set Aside for Denial of Fair Opportunity

Laxman Bhau Pawale Vs ITO (ITAT Pune) Illiterate farmer given one last chance: ITAT Pune remands undisclosed capital-gain addition Pune ITAT set aside the orders of the lower authorities and restored the matter to the Assessing Officer for fresh adjudication, granting the Assessee a final opportunity to substantiate his claim. The Assessee, an illiterate farmer, had not filed a return of income. Based on information that he sold immovable property for ₹3.23 crore, the AO reopened the assessment u/s 147. Due to complete non-compliance with notices u/s 148, 142(1) and 144, the AO completed an...