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2021 (8) TMI 855 - AT - Income TaxAddition u/s 68 - unexplained cash credit - HELD THAT:- It is an admitted fact that due to non-substantiation of the identity and creditworthiness of the share applicants and genuineness of the transactions, the AO invoking the provisions of section 68 made addition - We find due to non-appearance of the assessee before the CIT(A) despite number of opportunities granted, the learned CIT(A) in the ex-parte order passed by him sustained the addition made by the AO. It is the submission of the for the assessee that in the interest of justice, the assessee be given an opportunity to substantiate its case before any of the lower authorities. Considering the totality of facts of the case and in the interest of justice, we deem it proper to restore this issue to the file of the learned CIT(A) with a direction to grant one final opportunity to the assessee to substantiate its case by filing requisite details and the learned CIT(A) shall decide the issue as per fact and law. Appeal filed by the assessee is allowed for statistical purpose
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