https://www.taxtmi.com/caselaws?id=396928 The ITAT set aside the enhancement of assessed income due to the lack of a show cause notice under section 251(2) of the Income Tax Act, remanding the matter to the Commissioner (Appeals) for fresh adjudication. The Tribunal also ruled that no additions could be made in an unabated assessment without incriminating material. The delay in pronouncing the order was deemed justified due to the COVID-19 lockdown, aligning with rule 34(5) of the Income Tax (Appellate Tribunal) Rules, 1963. The appeal was allowed for statistical purposes, requiring compliance with procedural mandates and consideration of the absence of incriminating evidence. en-us Mon, 13 Jul 2020 00:00:00 +0530 Tue, 05 Nov 2024 14:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=396928 The ITAT set aside the enhancement of assessed income due to the lack of a show cause notice under section 251(2) of the Income Tax Act, remanding the matter to the Commissioner (Appeals) for fresh adjudication. The Tribunal also ruled that no additions could be made in an unabated assessment without incriminating material. The delay in pronouncing the order was deemed justified due to the COVID-19 lockdown, aligning with rule 34(5) of the Income Tax (Appellate Tribunal) Rules, 1963. The appeal was allowed for statistical purposes, requiring compliance with procedural mandates and consideration of the absence of incriminating evidence. Case-Laws Income Tax Mon, 13 Jul 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=396928