https://www.taxtmi.com/caselaws?id=777406 ITAT held that for AY 2018-19 the CIT(A) lacked power (prior to 01.10.2024) to set aside assessment to the AO; the direction to verify expenditure and recompute income was therefore invalid. ITAT directed the CIT(A) to decide the issue afresh exercising powers to confirm, reduce, enhance or annul the assessment, and allowed that ground of appeal. ITAT also upheld denial of benefit under s.10(23C) for AY 2018-19, finding no legislative parity with s.12A, and dismissed the assessee's cross-objection. en-us Thu, 31 Jul 2025 00:00:00 +0530 Fri, 29 Aug 2025 08:56:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=777406 ITAT held that for AY 2018-19 the CIT(A) lacked power (prior to 01.10.2024) to set aside assessment to the AO; the direction to verify expenditure and recompute income was therefore invalid. ITAT directed the CIT(A) to decide the issue afresh exercising powers to confirm, reduce, enhance or annul the assessment, and allowed that ground of appeal. ITAT also upheld denial of benefit under s.10(23C) for AY 2018-19, finding no legislative parity with s.12A, and dismissed the assessee's cross-objection. Case-Laws Income Tax Thu, 31 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=777406