Rule 46A Violation: ITAT Delhi Remands ₹2.32 Cr Section 68 Addition Case to AO

DCIT Vs Ajit Singh Om Parkash Pvt. Ltd (ITAT Delhi) The Income Tax Appellate Tribunal (ITAT) Delhi has set aside an order by the National Faceless Appeal Centre (NFAC) that deleted an addition of ₹2,32,39,792/- made under Section 68 of the Income Tax Act, 1961, in the case of DCIT vs. Ajit Singh Om Parkash Pvt. Ltd. The Tribunal’s decision, pronounced on June 27, 2025, for Assessment Year 2017-18, centers on a violation of Rule 46A of the Income Tax Rules, which pertains to the production of additional evidence before the Commissioner of Income Tax (Appeals) [CIT(A)]. The revenue’s a...