ITAT Admits Additional Evidence, Remands Rs. 17 Lakh Unsecured Loan Case to AO for Fresh Assessment [Read Order]

The ITAT admitted the additional evidence under Rule 29 of the ITAT Rules, 1963, noting the need for substantial justice
By Saagarika Gopinath - On April 3, 2025 3:57 pm - 2 mins read
ITAT - ITAT Admits Additional Evidence - Evidence - Unsecured Loan - Unsecured Loan Case - AO for Fresh Assessment - Fresh Assessment - taxscan

The Surat Bench of the Income Tax Appellate Tribunal (ITAT),  set aside an appeal order and remanded the case back to the Assessing Officer (AO) for fresh assessment, admitting additional evidence related to an unsecured loan of Rs. 17 lakh. Coming to the facts of the case, the assessee, Takhatsinh F. Dodia, a resident of…

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