ITAT Rescinds Rs. 36,01,500 Addition, Directs AO to Conduct De-Novo Assessment

Ajjahar Ghaniwala Vs ITO (ITAT Ahmedabad)

In the case of Ajjahar Ghaniwala vs ITO, the Income Tax Appellate Tribunal (ITAT) Ahmedabad examined an appeal challenging an ex-parte addition of Rs. 36,01,500 under Section 69A for the assessment year 2017-18. The assessee, Ajjahar Ghaniwala, contended that both the Assessing Officer (AO) and the Commissioner of Income Tax (Appeals) (CIT(A)) had passed orders without granting a fair hearing. The addition was made based on unexplained cash deposits, but the assessee had failed to respond to multiple notices, resulting in an ex-par

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