https://www.taxtmi.com/caselaws?id=773595 ITAT Hyderabad allowed the assessee's appeal for statistical purposes, setting aside CIT(A)'s ex-parte order. The AO arbitrarily estimated commission income at 12% net profit without basis, treating all bank deposits as business income against declared income of Rs. 1,25,950. CIT(A) failed to provide hearing opportunity to the assessee. Matter remanded to CIT(A) for fresh adjudication with proper hearing opportunity. en-us Thu, 19 Jun 2025 00:00:00 +0530 Wed, 25 Jun 2025 09:23:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=773595 ITAT Hyderabad allowed the assessee's appeal for statistical purposes, setting aside CIT(A)'s ex-parte order. The AO arbitrarily estimated commission income at 12% net profit without basis, treating all bank deposits as business income against declared income of Rs. 1,25,950. CIT(A) failed to provide hearing opportunity to the assessee. Matter remanded to CIT(A) for fresh adjudication with proper hearing opportunity. Case-Laws Income Tax Thu, 19 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=773595