Non-Consideration of Key Documents by AO and CIT(A): ITAT Restores Matter to AO for  Fresh Adjudication [Read Order]

The Cochin Bench of Income Tax Appellate Tribunal(ITAT)restored the matter to the Assessing Officer for fresh adjudication after finding that key documents submitted by the assessee, including audited accounts, cash book, day book, expense records, and bank statements, were not considered either by the AO or the Commissioner of Income Tax(Appeals)[CIT(A)]. Manarkattu Theatres Pvt. Ltd.,…