ITAT Restores Rs 54.84 Lakh Unexplained Investment Case to AO for De Novo Assessment After Ex Parte Decision:

ITAT Restores Rs 54.84 Lakh Unexplained Investment Case to AO for De Novo Assessment After Ex Parte Decision

ITAT restored the Rs 54.84 lakh unexplained investment case to the AO for de novo assessment after noting the appeal was decided ex parte, primarily on account of non-prosecution.

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authorSaloni KumaridateAug 18, 2026
Last update on Aug 18, 2026
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ITAT Restores Rs 54.84 Lakh Unexplained Investment Case to AO for De Novo Assessment After Ex Parte Decision

ITAT restored the Rs 54.84 lakh unexplained investment case to the AO for de novo assessment after noting the appeal was decided ex parte, primarily on account of non-prosecution.

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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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