ITAT Indore Judgments — January 2019

The Tribunal found that the AO had not specifically inquired about the exemption claim and had not addressed the assessee's contention of intending to build a water park. The Tribunal directed the AO to conduct further inquiries on these points.

The Tribunal found that the CIT(A)'s order did not mention or discuss the assessee's contentions and submissions. Therefore, the appeals were set aside to the CIT(A) for fresh adjudication.