Revenue fails to consider submissions, Violating Principles of Natural Justice: ITAT Restores Case for De Novo Adjudication

The Income Tax Appellate Tribunal (ITAT) has restored a tax case for fresh adjudication due to the revenue authority’s failure to consider the taxpayer's submissions. The ruling emphasized that disregarding submissions violates the principles of natural justice. The case will now be re-adjudicated, ensuring that the taxpayer’s arguments are given due consideration. This decision underscores the importance of fair hearings and procedural justice in tax adjudications.