CIT(A) deletes additions on Unsecured Loans after considering additional evidence: ITAT set asides order for violation of Rule 46A [Read Order]

The tribunal observed that the CIT(A) admitted additional evidence without affording an opportunity to the Assessing Officer (AO) which was a clear violation of Rule 46A

By Franklin Joshva - On March 19, 2025 9:01 am - 2 mins read

ITAT - ITAT Raipur - CIT deletes additions on Unsecured Loans - TAXSCAN

The Raipur Bench of the Income Tax Appellate Tribunal (ITAT) has set aside the order of the Commissioner of Income Tax (Appeals) [CIT(A)], citing a violation of Rule 46A of the Income Tax Rules, 1962. Shri Virendra Kumar Agrawal (assessee) filed his return of income for the Assessment Year (AY) 2018-19, declaring a total income…

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