ITAT quashes Order as AO failed to provide copies of statements relied for making assessment

Deepak Valji Karia Vs ITO (ITAT Mumbai)

ITAT held that assessment order passed u/s. 143(3) of the Act by the Assessing Officer is bad in law and has to be quashed as the Assessing Officer has failed to provide the copies of statements on which he relied on for making assessments and also for not providing cross examination of those persons inspite of specific request made by the assessee. Thus, we quash the assessment orders passed u/s. 143(3) of the Act on this ground.

FULL TEXT OF THE ORDER OF ITAT MUMBAI

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