TMI Blog2020 (6) TMI 502X X X X Extracts X X X X X X X X Extracts X X X X ..... ify his claim which resulted in the addition and was further confirmed by the Ld. CIT (A) - HELD THAT:- It is apparent from the orders of the Ld. Revenue Authorities that proper opportunities were provided to the assessee. In this situation, the prayer of the Ld. AR does not have much merits. However, considering the financial strain of the assessee and the nature of additions made, I hereby remit ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r of the learned Commissioner of Income Tax (Appeals) is erroneous both on facts and in law. 2) The learned Commissioner of Income Tax (Appeals) erred in confirming the addition of ₹ 25,33,624/- made u/s 68 of the I.T.Act. 3) The learned Commissioner of Income tax (Appeals) erred in confirming the disallowance u/s 80C of the I.T. Act 4) The learned Commissioner of Income Tax ( ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the Ld. AO disallowed the claim U/s.80C of the Act for ₹ 75,840/- and further made addition U/s. 68 towards unexplained cash deposited in the SB Account amounting to ₹ 25,33,624/-. 4. At the outset, the Ld. AR submitted that the assessee was not able to produce sufficient evidence to justify his claim which resulted in the addition and was further confirmed by the Ld. CIT (A). the L ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... not have much merits. However, considering the financial strain of the assessee and the nature of additions made, I hereby remit the matter back to the file of Ld. AO for de-novo consideration. I also hereby direct the assessee and his AR to promptly co-operate before the Ld. Revenue Authorities failing which the ld. Revenue Authorities shall be at liberty to pass appropriate orders in accordance ..... X X X X Extracts X X X X X X X X Extracts X X X X
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