Ex-parte orders in Shiv Edibles Limited case: ITAT direct fresh adjudication

Shiv Edibles Limited Vs ACIT (ITAT Jaipur) In a significant development, Shiv Edibles Limited has secured a favorable outcome in its appeals against orders dated 16.05.2023 by the ld. CIT (A), National Faceless Appeal Centre (NFAC), Delhi, for the assessment years 2011-12 and 2016-17. Both appeals, sharing identical grounds, are being addressed collectively in this comprehensive order by the Income Tax Appellate Tribunal (ITAT) Jaipur. Key Grounds Raised by the Assessee Assessment Year 2011-12 (ITA No. 445/JP/2023): i. Validity of Section 147 Action: Challenge against the action under section...