https://www.taxtmi.com/caselaws?id=256002 The Tribunal set aside the CIT(A)'s decision and remanded the case to the AO for fresh adjudication regarding the addition of Rs. 20,16,000 to the assessee's income and the penalty under section 271(1)(c). The Tribunal emphasized the principle of "Audi Alteram Partem" and directed the AO to provide a reasonable opportunity for the assessee to be heard. Both appeals were allowed for statistical purposes. en-us Fri, 19 Dec 2014 00:00:00 +0530 Mon, 02 Feb 2015 11:20:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=256002 The Tribunal set aside the CIT(A)'s decision and remanded the case to the AO for fresh adjudication regarding the addition of Rs. 20,16,000 to the assessee's income and the penalty under section 271(1)(c). The Tribunal emphasized the principle of "Audi Alteram Partem" and directed the AO to provide a reasonable opportunity for the assessee to be heard. Both appeals were allowed for statistical purposes. Case-Laws Income Tax Fri, 19 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=256002