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2021 (9) TMI 1199 - ITAT HYDERABADReopening of assessment u/s 147 - unexplained cash deposits - as contended AO had failed to discharge burden of proof with regard to alleged cash transactions reflected in the bank accounts of the assessee - DR submitted that the assessee has not carried any business activity for the past 10 years, but, the cash has been deposited into the assessee's bank account - HELD THAT:- As per the findings of the AO, the assessee has not carried out any business activity and has deposited cash in his bank account. DR also contended that the CIT(A) allowed the appeal of the assessee without addressing the issues raised by the AO in his order. Therefore, considering the totality of the case of the case, we remit the issue back to the file of the AO with a direction to decide the appeal taking into consideration the observations of the CIT(A) and contentions of the assessee before the CIT(A) as well as before him in accordance with law after providing reasonable opportunity of hearing to the assessee - Appeal of the revenue is allowed for statistical purposes.
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