TMI Blog2015 (3) TMI 1342X X X X Extracts X X X X X X X X Extracts X X X X ..... ich fact has already been recorded by the Ld. CIT(A) in the impugned order. We, therefore, direct the CIT(A) to consider this fact while deciding the issue afresh. CIT(A) may also direct for the taxing of income in the hands of the recipient (family members) in accordance with the method of accounting followed by them and as per the provisions of the law. Ground No. 4 is treated as allowed for sta ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... years 2006-07, 2007-08 2010-11 respectively. All these appeals have common grounds of appeal, therefore, they were heard together and disposed of by this common order for the sake of convenience and brevity. 2. At the very outset, the Ld. Counsel for the assessee stated that in all the three years involved he is not pressing ground No. 1,2 3. These grounds are accordingly dismissed as not ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tesh S. Mehta at para 2.3 of the order and restored the matter to the file of the Ld. CIT(A) for fresh adjudication. Respectfully following the findings of the Co-ordinate Bench, we restore this issue to the files of the Ld. CIT(A) for fresh adjudication after giving reasonable opportunity of being heard to the assessee. Growmore Leasing 3 Inv. Ltd. 6. Before closing this issue, the Ld. Couns ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e Act. 8. In our considered opinion, this ground is consequential to our decision given for ground No. 4 (supra). This ground is accordingly disposed of. 9. Ground No. 6 relates to the charging of interest u/s. 234A, 234B and 234C of the Act. 10. The Ld. Counsel for the assessee brought to our notice that an identical issue was considered by the Tribunal in one of the group cases viz., M/ ..... X X X X Extracts X X X X X X X X Extracts X X X X
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