ITAT Remands Matter After CIT(A) Issues Ex-Parte Decision on Cash Credits

Kamal Kumar Batra Vs ACIT (ITAT Delhi) In Kamal Kumar Batra vs ACIT, the Income Tax Appellate Tribunal (ITAT) Delhi remanded a case concerning unexplained cash credits under Section 68 of the Income Tax Act to the Commissioner of Income Tax (Appeals) [CIT(A)]. The case involved a sum of ₹32,00,500 deposited in the appellant’s bank account, which was treated as unexplained cash credits by the Assessing Officer (AO) and taxed under Section 115BBE. The CIT(A) dismissed the appellant’s appeal without considering an adjournment request filed through email. The appellant argued that the CIT(A)...