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2017 (1) TMI 889 - AT - Income TaxAdmission of additional evidence - Held that:- The Incometax Act, by a statutory mandate, gives the right to an assessee to submit additional evidence and obliges the appellate authority to decide whether the additional evidence is admissible for consideration in terms of Rule 46A of the Income-tax Rules, which has not been done in this case resulting in a statutory mistake in the order which needs to be corrected. Be that as it may, looking at the fact that the assessee is a student and indulged in share trading activities which are claimed to be resulted into losses, no comments on merits of the facts of the case can be commented from the Bench at this level. However, looking at the facts and circumstances of the case, it is directed that the additional evidence stands admitted. The appeal is thus remitted back to the ld. CIT(A) to consider the additional evidences filed by the assessee and decide the appeal after affording the assessee adequate opportunity of being heard.
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