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2014 (7) TMI 415 - AT - Income TaxNon-speaking order - Addition u/s 68 of the Act – Money lender expired – Best possible evidences produced before AO – Held that:- The AO asked the assessee to submit the evidence of the unsecured loan of ₹ 6,60,000/- received from Mrs. Manorma - The assessment was completed on 24.12.2009 - the CIT(A) has reproduced the assessee’s submission, the remand report, reply of the assessee on that remand report and thereafter, concluded his order just with one line - CIT(A) had not applied his mind – thus, the order of the CIT(A) is set aside and the matter is remitted back to the AO for fresh adjudication – Decided in favour of Assessee.
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