Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2014 (5) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2014 (5) TMI 187 - ITAT AHMEDABADDeletion of deemed dividend u/s 2(22)(e) of the Act – Loans and advances – Held that:- The addition made by AO was deleted by CIT(A) - on the submissions that were made by Assessee before CIT(A), no remand report or comments from the AO was obtained by CIT(A) - the AO should be granted an opportunity to examine the submissions made by the Assessee before CIT(A) – thus, the matter is remitted back to the AO for fresh adjudication and to decide the issue in the light of the submissions made before CIT(A) and any other additional evidence – Decided in favour of Revenue.
|