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Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2025 (7) TMI AT This

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2025 (7) TMI 963 - AT - Income Tax


Summary:In the twin appeals for AY 2010-11 and AY 2011-12, the assessee challenged additions made u/s 68 by the Assessing Officer and confirmed by the CIT(A), who did not consider documents filed during first appeal. The assessee sought another opportunity to substantiate its case, citing the Punjab and Haryana High Court decision in Munjal BCU Centre for Innovation and Entrepreneurship vs. CIT (CWP-21028-2023 (O&M) dated 04-03-2024. The ITAT held that "it is fit to afford another opportunity of hearing to the assessee" and accordingly set aside the impugned orders and restored the appeals to the file of the CIT(A) for de novo adjudication on merits. The appeals were allowed for statistical purposes.

 

 

 

 

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