https://www.taxtmi.com/caselaws?id=781263 ITAT DELHI - AT held that the CIT(A) exceeded jurisdiction in referring the addition under s.68 back to the AO where the AO had made assessment under s.143(3). The Tribunal remitted the entire matter to the CIT(A) to adjudicate afresh both the addition of share capital and premium under s.68 and the disallowance under s.40(a)(ia). CIT(A) is directed to examine submitted documents, may obtain an enquiry report from the AO if required, and must afford the assessee a reasonable opportunity to be heard; the assessee must cooperate. Appeal allowed for statistical purposes. en-us Wed, 08 Oct 2025 00:00:00 +0530 Thu, 13 Nov 2025 08:14:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=781263 ITAT DELHI - AT held that the CIT(A) exceeded jurisdiction in referring the addition under s.68 back to the AO where the AO had made assessment under s.143(3). The Tribunal remitted the entire matter to the CIT(A) to adjudicate afresh both the addition of share capital and premium under s.68 and the disallowance under s.40(a)(ia). CIT(A) is directed to examine submitted documents, may obtain an enquiry report from the AO if required, and must afford the assessee a reasonable opportunity to be heard; the assessee must cooperate. Appeal allowed for statistical purposes. Case-Laws Income Tax Wed, 08 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=781263