2014 (4) TMI 810

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..... This appeal by the assessee is directed against orders of CIT(A) dated 25.11.2011 and pertains to assessment year 2007-08. 2. At the threshold, in this case Ld. Counsel of the assessee submitted that following additional grounds of the appeal may be admitted :          "1. That the CIT(A) erred on facts and in law in not adjudicating the additional ground .....

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..... tion scheme. The aforesaid revised rehabilitation scheme stipulated inter alia demerger of 3 units of the assessee. The aforesaid rehabilitation scheme could not, however, implemented for various reasons. He has been further submitted that after a long delay, rehabilitation scheme could be implemented. It has been submitted that in the meanwhile assessee filed return of income for Financial Year 2 .....

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..... . 4. In these circumstances has been submitted that assessee could not file the revised return along with the revised financial statements before the Assessing Officer and the same were filed before the Ld. CIT(A) as additional evidences under Rule 46(A) of the Income Tax Rules. However, CIT(A) did not adjudicate the additional grounds. 5. In view of the above circumstances, Ld. Counsel of the a .....

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