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2015 (7) TMI 860 - AT - Income TaxLoss under the head other income - CIT(A) allowed relief to assessee - Held that:- Held that:- Considering the finding, in the light of the submissions advanced where admittedly no verification on facts has been done by the Ld. CIT(A) accepting the arguments of the Ld. Sr. DR, we deem it appropriate to restore the issue back to the file of the AO with the direction to verify the claim of the assessee from the vendor balances and bank advances which has not been done by the CIT(A). The AO is directed to consider the facts and decide the issue by way of a speaking order in accordance with law after giving the assessee a reasonable opportunity of being heard. - Decided in favour of revenue for statistical purposes
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