ITAT Sets Aside Ex-Parte Orders, Restores Assessee’s Appeal for Fresh Hearing on Unexplained Deposits and Penalty

The ITAT has set aside ex-parte orders and restored an assessee's appeal for a fresh hearing on unexplained deposits and penalties. The tribunal emphasized the importance of providing a fair opportunity for taxpayers to present their case. This decision ensures procedural fairness and protects the rights of assessees. The ruling clarifies the requirements for ex-parte orders. This is regarding tax law.