ITAT Restores Assessment for Fresh Adjudication, Allows Assessee to Present Evidence

Anita Dabas Vs ITO (ITAT Delhi) In the case of Anita Dabas Vs ITO, the ITAT Delhi has directed a reassessment after finding that the CIT(A) issued a non-speaking order without providing the assessee a fair hearing. The dispute arose from the assessment for the year 2017-18, where the Assessing Officer (AO) had made significant additions to the assessee’s income based on cash deposits during the demonetization period and other bank credits. The AO completed the assessment ex parte under Section 144 of the Income Tax Act, adding back Rs. 49,93,000 and treating other credits as business receipt...