Dismissing the appeal of the assessee, the Court held that on merits as the fresh assessment/remand order has been passed in terms of the order of Income Tax Appellate Tribunal in which the appellant had opportunity to participate in the proceedings and put his case before the Assessing Officer. Accordingly the appeal was dismissed.
Madhur Vegoils (P.) Ltd. v. ITO (2020) 113 taxmann.com 248 (Raj.)(HC) Editorial : SLP of assessee is dismissed, Madhur Vegoils (P.) Ltd. v. ITO (2020) 269 Taxman 102 (SC)
S. 145 : Method of accounting-Set aside order by Appellate Tribunal-Fresh order passed by the Assessing Officer-Order of Tribunal is affirmed. [S.254 (1)]