ITAT Grants Final Opportunity to Taxpayer in Rs 92 Lakh Property Sale Case, Remands Matter to CIT(A) With Rs 5,000 Cost:

ITAT Grants Final Opportunity to Taxpayer in Rs 92 Lakh Property Sale Case, Remands Matter to CIT(A) With Rs 5,000 Cost

ITAT grants a final opportunity to reconsider the Rs 92 lakh property sale addition after the assessee claimed lower sale consideration and a 25% ownership share.

ITAT Sets Aside CIT(A)'s Ex-Parte Order

authorSaloni KumaridateAug 12, 2026
Last update on Aug 11, 2026
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ITAT Grants Final Opportunity to Taxpayer in Rs 92 Lakh Property Sale Case, Remands Matter to CIT(A) With Rs 5,000 Cost

ITAT grants a final opportunity to reconsider the Rs 92 lakh property sale addition after the assessee claimed lower sale consideration and a 25% ownership share.

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Saloni Kumari

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Saloni is a Content Writer with 2+ years of experience at studycafe.in. She writes legal, taxation, and finance related content including GST, Income Tax etc. Skilled in translating complex judicial pronouncements and regulatory developments into clear, and reader-friendly articles. Experienced in covering judgements of ITAT, High Court, GSTAT, and news related to Income Tax, GST, and corporate law. She can be reached at [email protected].
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