https://www.taxtmi.com/caselaws?id=776244 The ITAT set aside the NFAC order passed under section 250, finding it non-compliant with section 250(6) as it failed to state points of determination, decisions, and reasons while confirming additions without independent findings. The NFAC had proceeded ex parte due to the assessee's non-compliance and lack of evidence, which was permissible under section 251(1)(a). However, the order lacked necessary enquiry and reasoning. The case was remanded to the NFAC for de novo adjudication, directing it to provide no more than three opportunities to the assessee and to pass a speaking order in accordance with section 250(6). en-us Fri, 03 Jan 2025 00:00:00 +0530 Thu, 07 Aug 2025 07:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=776244 The ITAT set aside the NFAC order passed under section 250, finding it non-compliant with section 250(6) as it failed to state points of determination, decisions, and reasons while confirming additions without independent findings. The NFAC had proceeded ex parte due to the assessee's non-compliance and lack of evidence, which was permissible under section 251(1)(a). However, the order lacked necessary enquiry and reasoning. The case was remanded to the NFAC for de novo adjudication, directing it to provide no more than three opportunities to the assessee and to pass a speaking order in accordance with section 250(6). Case-Laws Income Tax Fri, 03 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=776244