TMI Blog2020 (5) TMI 398X X X X Extracts X X X X X X X X Extracts X X X X ..... ra Kamble, Judicial Member, And Shri Prashant Maharishi, Accountant Member For the Appellant : None For the Respondent : Sh. Pradeep Singh Gautam, Sr. DR ORDER PER SUCHITRA KAMBLE, JM This appeal is filed by the assessee against the order dated 18/03/2015 passed by CIT(A)- 15, Delhi for Assessment Year 2014-15. 2. The grounds of appeal are as under:- 1. Assessing Authority order narrate first page and one para for non appearance and appearance of counsel but not submission of any documents and requiring from AO note sheet copy and adjournment of the case. The AIR information was furnished to the assessee . One Counsel Krishan Kant Roy UP filed Profit and Loss account and Balance sheet which was never requi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y whom (Assessee and Co-Assessee) and what are other cheque deposits receipts and never tried to ask the assessee the documentary evidence thereof. His best judgment was only to make the additions of cash deposits only and to make additions of loan account(s) .Please find enclosed the narration of the joint Saving Bank account mentioned above in the ANNEXURE which clear the picture. 4. Further the orders of the Commissioner of Income Tax (Appeal)XV also confirm the additions without giving justified reasons. Aggrieved Assessee ought to get justification for the additions, but to call it first thought and afterthought. The case of the Assessee at the appeal stage has been heard by three Commissioner(s) .The final Commissioner has not pu ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... int account. The assessee deposited approximately ₹ 8,36,200/- sale proceeds on various dates i.e. on 1/4/2007 to 31/3/2008. The Assessing Officer made addition of ₹ 12,67,500/- as unexplained cash credit ₹ 2,74,154/- as unexplained investments and ₹ 25,764/- in respect of disallowance u/s 80C of the Income Tax Act, 1961. 4. Being aggrieved by the assessment order, the assessee filed appeal before the CIT(A). The CIT(A) dismissed the appeal of the assessee. 5. None appeared on behalf of the assessee and there is no adjournment application on behalf of the assessee. The notice has been served to the assessee. Therefore, we are taking the submissions of the assessee before the CIT(A) as well as before the Assessi ..... X X X X Extracts X X X X X X X X Extracts X X X X
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