ITAT upholds Revision Order on failure of AO to conduct Verification during Assessment Proceedings [Read Order]

ITAT - Revision - Order - AO - Verification - Assessment - Proceedings - TAXSCAN

The Bengaluru Bench of the Income Tax Appellate Tribunal (ITAT) upheld the revision order on failure of Assessing Officer (AO) to conduct verification during assessment proceedings. The assessee, Navunda Abdulla Badruddin is an individual and is in the business of retail trade of sea fish and fish products. A search and seizure u/s.132 of the…

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