Commissioner orders de novo assessment after AO objects to additional evidence; audited financials to be reviewed.

Commissioner orders de novo assessment after AO objects to additional evidence; audited financials to be reviewed. https://www.taxtmi.com/highlights?id=55015 Appeal ex-parte decided by CIT-A - AO objected to admission of the additional evidence - Audited financial statements and audited report could not be filed during the course of assessment proceedings due to factors entirely beyond the control of the assessee, in the interest of substantial justice, the AO should de-novo make the assessment after duly considering the audited financial statements and the audit report of the assessee - AT en-us Mon, 05 Oct 2020 08:44:19 +0530 Mon, 05 Oct 2020 08:44:19 +0530 TaxTMI RSS Generator Commissioner orders de novo assessment after AO objects to additional evidence; audited financials to be reviewed. https://www.taxtmi.com/highlights?id=55015 Appeal ex-parte decided by CIT-A - AO objected to admission of the additional evidence - Audited financial statements and audited report could not be filed during the course of assessment proceedings due to factors entirely beyond the control of the assessee, in the interest of substantial justice, the AO should de-novo make the assessment after duly considering the audited financial statements and the audit report of the assessee - AT Highlights Income Tax Mon, 05 Oct 2020 08:44:19 +0530 https://www.taxtmi.com/highlights?id=55015