ITAT Sets Aside CIT(A) Order on Kochin Co-op Society’s Cash Deposits, Demands Fresh Review [Read Order]
The ITAT observed that the CIT(A) should have provided the Assessing Officer with an opportunity to rebut the additional evidence submitted by the respondent.
By Adwaid M S - On April 17, 2025 6:23 am - 2 mins read
In a recent ruling, the Income Tax Appellate Tribunal (ITAT) has set aside the order passed by the Commissioner of Income Tax (Appeals) [CIT(A)] in the case of Kochin Co-operative Society Ltd. regarding the unexplained cash deposits made by the society. The case pertains to the Assessment Years 2013-14 and 2014-15. The Revenue, represented by…
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