https://www.taxtmi.com/caselaws?id=244344 The Tribunal remitted the matter to the AO for factual verification regarding the addition of Rs. 1,75,20,000 under section 68 of the I.T. Act, emphasizing the need for thorough examination of the submissions by the assessee. The Tribunal directed a fresh examination of the acceptance of additional evidence in contravention of Rule 46A of the I.T. Rules to ensure justice and grant the assessee a fair opportunity to be heard. The allowance of expenses of Rs. 51,601 was not addressed in the Ld. CIT(A)'s order, resulting in the dismissal of this ground raised by the Revenue. en-us Thu, 23 Jan 2014 00:00:00 +0530 Wed, 29 Jan 2014 12:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=244344 The Tribunal remitted the matter to the AO for factual verification regarding the addition of Rs. 1,75,20,000 under section 68 of the I.T. Act, emphasizing the need for thorough examination of the submissions by the assessee. The Tribunal directed a fresh examination of the acceptance of additional evidence in contravention of Rule 46A of the I.T. Rules to ensure justice and grant the assessee a fair opportunity to be heard. The allowance of expenses of Rs. 51,601 was not addressed in the Ld. CIT(A)'s order, resulting in the dismissal of this ground raised by the Revenue. Case-Laws Income Tax Thu, 23 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=244344