Justice Should Not only be Done but also Appears to be Done: ITAT Remands Disallowance of Purchases Matter to AO for Verification [Read Order]
Considering AO’s improper verification and not providing adequate opportunity for a hearing, ITAT remanded the matter.
By Kavi Priya - On August 27, 2024 4:23 pm - 2 mins read
The New Delhi Bench of the Income Tax Appellate Tribunal ( ITAT ) remanded the disallowance of purchases matter back to the file of the assessing officer for verification ensuring justice should not only be done but also appears to be done. Vayam Technologies Ltd., the assessee claimed exemption of purchases worth over Rs. 2.89…
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