CIT(A)’s Power to Set Aside Ex-Parte Assessment Affirmed: ITAT Chennai

ITO Vs Dolphin Educational Foundation (ITAT Chennai) CIT(A)’s Power to Set Aside Ex-Parte Assessment Affirmed: ITAT Chennai Upholds Remand in Charitable Trust Case The Chennai Bench of the ITAT dismissed the Revenue’s appeal for AY 2020-21 and upheld the order of the CIT(A) setting aside an ex-parte assessment framed under Section 144 in the case of a charitable institution. The Assessing Officer had completed the assessment ex parte due to alleged non-compliance, treated substantial receipts as taxable income, assessed income under the head “Profits and Gains of Business or Profession,â...