Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2012 (12) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2012 (12) TMI 19 - AT - Income TaxSearch - addition on account of low household expenses, unexplained business income, unexplained cash credit, addition on account of undisclosed Long Term Capital Gains - assessee challenging jurisdiction as well as validity of the initiation the assessment order passed u/s 153A/153C - assessee contended that no search operation was conducted at the premises of the assessee and no document was recovered from his premises - Held that:- It is found that CIT(A) has not decided this issue of his jurisdiction and validity of assessment despite the fact that of specific ground had been raised by the assessee. In view of this matter, and the decision of ITAT-D Bench in other assessees of the same Group and in the interest of justice, we remit back this matter to CIT(A) to decide afresh - Decided in favor of assessee for statistical purposes.
|