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2015 (7) TMI 1056 - AT - Income TaxAddition on account of Bank Interest and Charges, Interest on FDR and Figures of credit in P/L Account - enhancement of income by CIT(A) - Held that:- We find that it is stated by the assessee before CIT (A) that the books were lost when the same were being taken to the place of the counsel of the assessee for preparation of appeal. Copy of FIR is also filed before CIT (A). We feel that under these facts, the assessee was not in a position to bring necessary evidence on record in support of its contentions against the additions made by the A.O. and also against the enhancement proposed by CIT (A). Hence, we feel that under these peculiar facts, it is fit and proper to uphold the additions made by the A.O. but to delete the enhancement of ₹ 35 Lacs made by CIT (A) because in the absence of books, best judgment assessment should be made and it was made by the A.O. We hold accordingly. - Decided partly in favour of assessee
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