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2014 (3) TMI 497 - AT - Income TaxConfirmation of addition – Proper documentary evidences not considered – genuineness or bogus transaction - Held that:- All the documents furnished as additional evidences, were obtained by the assessee after the order of the FAA, that it had made inquiries under the RTI Act from the banks and obtained such documents that could affect the outcome of the appeal - Rule 29 of the ITAT Rules stipulates that if appellant can prove that it was prevented by sufficient cause for not producing some documents before the AO or the FAA, Tribunal may allow it to produce the same before it - the documents filed by the assessee are useful to decide the issues raised - hence same are being admitted as additional evidence u. r. 29 of the ITAT, Rules - As the AO/ FAA had no occasion to consider these documents – thus, the matter is remitted back to the AO for fresh adjudication – Decided in favour of Assessee.
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