A young Aussie couple is “beyond excited” to have bought their first property together, but an innocent mistake could have cost them everything.

On 09.08.2024, Commissioner of Income Tax (Appeal) (in short ‘CIT (A)’) /NFAC, Delhi passed order u/s 250 of Income Tax Act, 1961 (in short ‘Act’), relating to the Assessment Year 2017-18 thereby ...

Upon review, the ITAT found procedural lapses, noting that both the AO and CIT (A) had issued summary, non-speaking orders, which did not provide the assessee a fair opportunity to present his case.