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2022 (9) TMI 701 - Income Tax
Unexplained Cash Deposits in Bank - application seeking admission of additional evidence under Rule 29 of Income Tax (Appellate Tribunal) Rules, 1963 - HELD THAT:- It is evident from the record that, in the present case, the documents, now furnish before us by way of additional evidence, could not be filed by the assessee before the lower authorities and the impugned addition was made in absence of these details. Further the learned CIT(A) also dismissed assessee’s appeal rejecting the admission of additional evidence filed by the assessee.
In view of the above, in the larger interest of justice, we deem it appropriate to remand this issue to the file of Assessing Officer for de novo adjudication after consideration of all details, as submitted by the assessee. Assessing Officer shall also have the liberty to call for or examine any other documents/detail as may be necessary for complete adjudication of this issue. As a result, the sole ground raised in present appeal is allowed for statistical purpose.