ITAT Admits Additional Evidence as Delay Was Due to Accountant’s Son’s Medical Emergency

Advertisement Hitec Cyber City Spaces LLP Vs ACIT (ITAT Hyderabad) The Income Tax Appellate Tribunal (ITAT), Hyderabad, allowed the assessee’s appeal for statistical purposes by admitting additional evidence and remanding the matter to the Assessing Officer (AO) for fresh adjudication after accepting the explanation for the delay in producing supporting documents. The assessee, a Limited Liability Partnership (LLP), filed its return of income for Assessment Year 2022-23 declaring a total income of Rs.1,88,46,730. The case was selected for scrutiny on account of high liabilities or sub...