https://www.taxtmi.com/highlights?id=63902 Admissibility of additional evidences under Rule 46A - Power of CIT(A) - Penalty u/s 271D - taking cash loan - Default under provisions of section 269SS - proof of bona fides and genuiness of the transaction - “reasonable cause” - the ld. CIT(A) has to pass a speaking order in writing as to his decision as to admission or refusal to admit additional evidences. - ld. CIT(A) did not comply with Rule 46A of the 1962 Rules. - Matter restored back - AT en-us Mon, 06 Jun 2022 08:29:10 +0530 Mon, 06 Jun 2022 08:29:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=63902 Admissibility of additional evidences under Rule 46A - Power of CIT(A) - Penalty u/s 271D - taking cash loan - Default under provisions of section 269SS - proof of bona fides and genuiness of the transaction - “reasonable cause” - the ld. CIT(A) has to pass a speaking order in writing as to his decision as to admission or refusal to admit additional evidences. - ld. CIT(A) did not comply with Rule 46A of the 1962 Rules. - Matter restored back - AT Highlights Income Tax Mon, 06 Jun 2022 08:29:10 +0530 https://www.taxtmi.com/highlights?id=63902