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2016 (12) TMI 246 - HC - Income TaxAdmission of additional evidence - grievance of the Revenue is that the additional evidence ought not to have been admitted in the context of the remand report - Held that:- We find that the additional evidence was in the form of confirmation letter from the lender and details of repayment which was not available on record during the Assessment Proceedings. It is this, additional evidence which was produced by the Respondent-Assessee to establish the genuineness of the loan. Thus, the exercise of discretion by the CIT(A) in admitting the to admit additional evidence under Rule 46A( 1)(d) of the Income Tax Rules cannot be said to be perverse. Incidentally, it needs to be noted that on merits of the claim being allowed on the basis of the additional evidence, the Revenue has made no grievance. No substantial question of law.
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