ITAT Remands Case After Penalty Confirmed for Inaccurate Income Reporting

Chandrakant Gajanan Paradhi Vs ITO (ITAT Nagpur)

The Income Tax Appellate Tribunal (ITAT), Nagpur Bench, has allowed an appeal filed by an Assessee for the Assessment Year (AY) 2017-18 and has remanded the case back to the National Faceless Appeal Centre (NFAC), Delhi, for a fresh decision. The Tribunal’s decision was based on a procedural irregularity where the Commissioner of Income Tax (Appeals)/NFAC, Delhi, incorrectly upheld a penalty levy in an appeal that challenged the reassessment order, not the pena

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