Scrap Dealer Gets Second Chance: ITAT Orders Fresh Hearing After ₹3.84 Crore Tax Dispute Dismissed Without Merit Review

The ITAT (Income Tax Appellate Tribunal) has granted a "scrap dealer a second chance," ordering a "fresh hearing after a ₹3.84 crore tax dispute was dismissed without a merit review." The tribunal noted that the high-value tax demand was upheld by lower authorities without fully addressing the merits of the assessee's arguments, possibly due to procedural issues. This decision ensures that substantial tax disputes are resolved after a thorough examination of all facts and legal points, providing the taxpayer an equitable opportunity to present their case.