https://www.taxtmi.com/caselaws?id=446373 ITAT Bangalore set aside ex-parte appellate order by National Faceless Assessment Centre, finding violation of natural justice principles as assessee did not receive notices and submitted documents were not considered. Regarding deduction under section 40(a)(ia) for interest paid by cooperative society to members, ITAT held Finance Act 2015 amendment was prospective from 01/06/2015 and not applicable to the case. Matter remitted to AO for fresh adjudication with proper hearing opportunity. Appeal allowed for statistical purposes. en-us Thu, 21 Sep 2023 00:00:00 +0530 Sat, 02 Dec 2023 18:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=446373 ITAT Bangalore set aside ex-parte appellate order by National Faceless Assessment Centre, finding violation of natural justice principles as assessee did not receive notices and submitted documents were not considered. Regarding deduction under section 40(a)(ia) for interest paid by cooperative society to members, ITAT held Finance Act 2015 amendment was prospective from 01/06/2015 and not applicable to the case. Matter remitted to AO for fresh adjudication with proper hearing opportunity. Appeal allowed for statistical purposes. Case-Laws Income Tax Thu, 21 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=446373