ITAT Allows Appeal of Petrol Pump Owner for Statistical Purposes: Cites Consultant's Lapse and Denial of Fair Opportunity

The Income Tax Appellate Tribunal (ITAT) has allowed the appeal of a petrol pump owner, citing a consultant's lapse and denial of a fair opportunity for statistical purposes. This decision highlights the importance of fair hearing and due process in tax assessments. The ITAT acknowledged that the assessee was prejudiced by the consultant's error and was not given adequate opportunity to present their case or provide necessary details. By allowing the appeal, the Tribunal ensures that a taxpayer is not unfairly penalized due to external factors or procedural irregularities, emphasizing that proper opportunity must be granted before adverse orders are passed.