Rectification Order passed u/s 154 of Income Tax Act without Proper Verification: ITAT directs Re-Adjudication [Read Order]

Rectification Order - Income Tax Act - Income Tax Act without Proper Verification - Proper Verification - ITAT directs re-adjudication - ITAT - Taxscan

The New Delhi bench of the Income Tax Appellate Tribunal ( ITAT) directed re-adjudication for the rectification order passed under section 154 of the Income Tax Act, 1961 without proper verification.  Inter Globe Air Transport, the appellant assessee was operating as a general sales agent of international and domestic passengers and cargo operations. The assessee…

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