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2018 (10) TMI 288 - AT - Income TaxReopening of assessment - unexplained investment u/s 69 - Held that:- The grievance of the AR of the assessee is that the CIT(A) without appreciating or examining the documents filed before him in the proper perspective, upheld the action of the AO. AR, the CIT(A) ought to have remitted the matter back to the AO or ought to have called for a remand report from AO. Therefore,to meet the ends of justice, we set aside the order of CIT(A) and remit the issue back to the file of the AO with a direction to re-do the assessment de-novo after examining the documents as per law after providing reasonable opportunity of being heard to the assessee. - Decided in favour of assessee for statistical purposes.
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