ITAT Remands Case for Reconsidering Sikkimese Exemption Claim

Usha Dhamala Vs ITO (ITAT Kolkata) The ITAT Kolkata has recently remanded the case of Usha Dhamala to the Assessing Officer (AO) for reconsideration of her claim for tax exemption under Section 10(26AAA) of the Income Tax Act, 1961. The appeal was filed against the order passed by the National Faceless Appeal Centre (CIT(A)) on 16th October 2023. The assessee, a Sikkimese individual, had filed her income tax return in 2018, declaring no income. However, during the scrutiny proceedings, the AO made an addition of over Rs. 19 crore to her income, citing non-compliance with several notices. This ...