#ITAT Jaipur judgment

ITAT Jaipur rules that failure to issue draft assessment order u/s 144C(1) for non-resident assessee renders assessment void ab initio. Key procedural compliance takeaways.

ITAT Jaipur holds that rough estimates of jewellery purchases found on a mobile phone, without proof of actual transactions or physical possession, cannot justify additions under Section 69A of the Income Tax Act. The ruling reinforces strict evidentiary standards for unexplained investments, protecting assessees from double taxation based on loose notings.