ITAT Kolkata Quashes Assessment as JAO Did Not Issue Section 143(2) Notice

Soma Roy Vs ACIT (ITAT Kolkata) The Income Tax Appellate Tribunal (ITAT), Kolkata, considered an appeal filed by the assessee against the order of the Commissioner of Income Tax (Appeals), Durgapur, for Assessment Year 2015-16. The assessee had originally declared total income of ₹18,35,410, while the assessment under Section 143(3) determined income at ₹31,05,410 after making an addition of ₹12,70,000 under Section 68 on account of unexplained cash deposits. The assessee challenged the addition and also sought permission to raise an additional legal ground questioning the validity of th...