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2012 (7) TMI 721 - AT - Income TaxAdditions on account of undisclosed income - CIT(A) deleted the additions - AO objected to the admission of additional evidence - Held that:- As soon as AO called upon the appellant to produce confirmations from various creditors he took immediate action and sent out letters addressed to various creditors requesting them to confirm the balance. However, the creditors did not respond before the hearing proceedings were closed. As the appellant had no control over the creditors, the additional evidence filed by the appellant is admitted as the conditions laid down in Rule 46A are satisfied in this case. The appellant has filed the necessary documents and reconciliation in respect of his accounts with creditors where certain discrepancies were pointed out in the assessment order. Whereas in remand report, the AO has not brought any material on record to show that these discrepancies have remained unreconciled even after considering the documents filed in appellate proceedings - the appellant has discharged his burden of proof in respect of his transactions with creditors, thus the addition made by the AO is not justified and is deleted - against revenue.
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