TMI Blog2017 (1) TMI 516X X X X Extracts X X X X X X X X Extracts X X X X ..... cific details about the dates when opportunities were given to the assessee to substantiate its submissions. In fact on the fifth date (the previous dates being, 25.08.2014, preceded by a letter of 14.08.2014; 02.09.2014 and 09.09.2014), the CIT (A) clearly stated that final opportunity would be granted on the date fixed, i.e., 29.09.2014, failing which appeal would be decided on its merits. On th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 016 - - - Dated:- 14-12-2016 - S. Ravindra Bhat And Najmi Waziri, JJ. Mr. Shambhu Nath Singla, Advocate for assessees Mr. Rahul Chaudhary, Sr. Standing Counsel for the revenue ORDER This matter is taken up today, as 12.12.2016, when it was originally listed, was declared a holiday on account of Id-E-Milad. The assessees‟ grievance in these appeals under Section 260A ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t the identity of the share applicants too was fully disclosed. However, the AO appears to have concluded the proceedings the next day and proceeded further to rely upon letter received on 18.03.2014. It is highlighted that the evidence was ultimately produced before the Commissioner (Appellate) who was duty bound to consider them in the light of Rule 29 of the Income Tax Rules. Not only did he ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... be decided on its merits. On the date given, i.e., 29.09.2014, neither did the appellant appear nor was any appearance on its behalf caused. Having regard to the above material, the additions were made and brought to tax; the ITAT concurred with this order. Having regard to the above factual material and also having considered the additional documents which are now part of the record, we are of ..... X X X X Extracts X X X X X X X X Extracts X X X X
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