Incorrect ITR Entry Led to Disallowance: ITAT Remands Case for Fresh Adjudication

Jaynt Vasudeo Aradhye Vs DCIT (ITAT Pune) In a recent judgment, the Income Tax Appellate Tribunal (ITAT), Pune, presided over an appeal filed by Jaynt Vasudeo Aradhye, a super senior citizen and high-net-worth individual. The appeal contested the order passed by the Additional Commissioner of Income Tax (Addl./JCIT-A), Coimbatore, on February 7, 2024, for the assessment year (AY) 2022-23. Background of the Case Mr. Aradhye, a retired engineer, has been a regular taxpayer for over four decades. For the AY 2022-23, he filed his income tax return (ITR) on June 30, 2022, declaring a taxable income...