TMI Blog2018 (6) TMI 1713X X X X Extracts X X X X X X X X Extracts X X X X ..... ssment may be deleted and justice be rendered - HELD THAT:- We direct the CIT(A) to adjudicate the issue on merits with regard to the addition made under section 69 of the Act in accordance with law by allowing an opportunity of being heard to the assessee. Appeal filed by the assessee is allowed for statistical purposes. - ITA No. 111/Chny/2018 - - - Dated:- 22-6-2018 - Shri A. Mohan Alankamo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... or assessment year 2011-12 on 17.07.2011 admitting total income at ₹.2,49,000/-. The assessment under section 143(3) of the Act was completed on 14.03.2013 assessing the income at ₹.2,63,110/-. After recording reasons for reopening, the assessment was completed under section 143(3) r.w. section 147 of the At by reassessing the income of the assessee at ₹.1,54,43,060/- after makin ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... irly conceded the submissions of the ld. Counsel for the assessee. 6. We have heard both sides, perused the materials available on record and gone through the orders of authorities below. During the course of reassessment proceedings, after recording reasons and considering the submissions of the assessee, the assessment under section 143(3) r.w. section 147 of the Act was completed by making a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... before the ld. CIT(A), which was reproduced in the appellate order, the assessee has raised a specific ground and the same reads as under: 7. Therefore, it is prayed that, on these grounds and on such other grounds as may be submitted during the course of hearing of this appeal, the addition made in the reassessment ₹.15179950/- may be deleted and justice be rendered. In view of the ..... X X X X Extracts X X X X X X X X Extracts X X X X
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