AdvertisementKruti Rajubhai Manvar Vs ITO (ITAT Rajkot) The Rajkot Bench of the Income Tax Appellate Tribunal (ITAT) heard the assessee’s appeal against the order passed by the National Faceless Appeal Centre (NFAC) under Section 250 of the Income-tax Act, 1961 for Assessment Year 2020-21, arising from an assessment made under Sections 147 read with 144. The assessee had filed the return declaring total income of ₹7,15,000. Based on information available with the Department, reassessment proceedings under Section 147 were initiated after it was noticed that the assessee had purchased an immovable p...