Madras HC quashes Non-Speaking Order of NFAC in Appeal against Addition u/s 115BE, remands matter [Read Order]

The Court observed that the Assessing Officer hasn’t duly applied his mind in determining the liability of the assessee
Madras HC - Non-Speaking Order of NFAC - NFAC - Appeal - Madras HC quashes Non-Speaking Order of NFAC - taxscan

A single judge of the Madras High Court set aside an order against an assessee. The Court questioned the application of mind of the Assessing Officer in fixing the liability of the Asseessee.  The petitioner, Sohan Raj Khanted Guvanthraj submitted income tax returns for the assessment year 2020-2021 on December 30, 2020, declaring a total…

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