9911796707
TMI Blog2015 (3) TMI 571X X X X Extracts X X X X X X X X Extracts X X X X ..... pur and is engaged in the trading of detergent chemical, which is used in the detergent and pan masala industry. For the assessment yer 2001-02, the assessee, in its return, had shown a gift of Rs. 31,40,000/- in the hands of his minor son. The Assessing Officer noted the deposits of Rs. 31,40,000/- on different dates in the account of the minor son of the assessee and directed the assessee to ver ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... referred to as the Rules of 1962) praying that he may be permitted to lead additional evidence. The documents so filed by the assessee was forwarded by the first appellate authority to the Assessing Officer under Section 250(4) of the Act of 1961 to make necessary inquiry and verification and submit a report. The Assessing Officer verified the details of the bank accounts and the returns of incom ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n opportunity to the Assessing Officer to examine the additional evidence as provided under Rule 46A of the Rules of 1962. We have heard Sri Govind Krishna, the learned counsel for the appellant and Sri Prateek Dawar, the learned counsel for the assessee. We find that admittedly the Assessing Officer could not examine the donors but during the course of appellate proceedings, the Commissioner of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... icer to examine the genuineness and submit a remand report. When the Assessing Officer has himself examined all the evidence, the question of giving another opportunity under Rule 46A of the Rules of 1962 does not arise.
In the light of the aforesaid, we do not find any substantial question of law arising for consideration. The appeal fails and is dismissed. X X X X Extracts X X X X X X X X Extracts X X X X
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