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ITAT Nagpur Remands AY 2018-19 Ex-Parte Loan Addition for Fresh Hearing

Case Law Details

Case Name
Alankar Real Estates Pvt. Ltd. Vs DCIT (ITAT Nagpur)
Date of Judgement/Order
Only available for paid members
Related Assessment Year
2018-19
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Alankar Real Estates Pvt. Ltd. Vs DCIT (ITAT Nagpur) CIT(A) Erred in Dismissing Appeal & Adjudicating Merits Without Opportunity – Ex-Parte Loan Addition Sent Back for Fresh Hearing Assessee filed appeal against order of CIT(A)/NFAC dated 16.04.2025 which had upheld ex-parte assessment framed u/s 144. AO had made addition on account of unsecured loan treating it as unexplained.  Assessee contended that loan had been fully repaid in subsequent year & lender company continued to hold active status as per MCA records. However, both AO & CIT(A) proceeded ex-parte due to repeated...
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Author Info

CA Vijayakumar Shetty
Qualification: CA in Practice
Company: Shetty & Co, Chartered Accountants, Mangalore
Location: Mangalore, Karnataka
Articles Published: 5,494

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