https://www.taxtmi.com/caselaws?id=774164 The ITAT allowed the assessee's appeal for statistical purposes, setting aside the CIT(A)'s ex parte dismissal and the AO's addition of Rs. 1,60,96,771/- under section 69A with 60% taxation under section 115BBE. The Tribunal found violations of natural justice as the assessee was denied proper opportunity to present evidence due to non-receipt of notices sent to incorrect email. Additional evidence including contra confirmations, VAT returns, and detailed sales data was admitted under Rule 29. The matter was remanded to the AO for fresh adjudication after affording reasonable opportunity to verify all documentary evidence and submissions. en-us Tue, 13 May 2025 00:00:00 +0530 Fri, 04 Jul 2025 08:38:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=774164 The ITAT allowed the assessee's appeal for statistical purposes, setting aside the CIT(A)'s ex parte dismissal and the AO's addition of Rs. 1,60,96,771/- under section 69A with 60% taxation under section 115BBE. The Tribunal found violations of natural justice as the assessee was denied proper opportunity to present evidence due to non-receipt of notices sent to incorrect email. Additional evidence including contra confirmations, VAT returns, and detailed sales data was admitted under Rule 29. The matter was remanded to the AO for fresh adjudication after affording reasonable opportunity to verify all documentary evidence and submissions. Case-Laws Income Tax Tue, 13 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=774164