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2017 (3) TMI 574 - AT - Income TaxAddition towards cash deposits into bank u/s. 68 - Held that:- We find that the assessee did not respond/comply to the statutory notices issued u/s. 143(2) and 142(1) of the Act before the AO and also did not offer any explanation to the show cause notice dated 22-12-2011 issued by the AO mentioning why the deposit of ₹ 18 lakhs in the bank account should not be treated as income from undisclosed source and taxed to the total income of assessee. We find that before the CIT-A the assessee did not prosecute his case properly. Before him on every date the assessee sought adjournments. Therefore, it is clear that before the CIT-A there was no proper representation by the assessee. With regard to submissions of the ld.AR of assessee referring page 20 & 21 before us, we find that this submission was not before the authorities below. In such circumstances we deem it f it and proper to remand the issue to the AO for his verification and to pass an order to that effect as per law. - Decided in favour of assessee for statistical purposes.
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