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2015 (8) TMI 757 - ITAT DELHIUndisclosed investment - Held that:- AO in the present proceedings had incorrectly proceeded to re-consider the issues which already stood concluded by the Co-ordinate Bench. It is trite law that in the remand proceedings, the AO cannot travel beyond the directions given in the remand. Accordingly on a consideration of the same, we are of the view that the following finding of the CIT(A on facts deserves to be upheld which warrants the dismissal of the appeal of the Revenue:- “With regard to the issue of addition made on account of investment made in FDR, since the Hon’ble ITAT in para 5 of their order dated 06.06.2008 have clearly given a finding that the FDR’s worth ₹ 2,10,818 the investment in which were made prior to the block period and FDR of ₹ 4,99,304 not in the appellant’s name should be left out of the consideration of block assessment, the AO is therefore directed to scrupulously follow the direction of the Hon’ble Tribunal.” - Decided in favour of assessee.
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