https://www.taxtmi.com/caselaws?id=769838 ITAT Surat set aside CIT(A)'s order confirming addition of unexplained cash deposits u/s 69A where commission was fixed at 10% versus assessee's declared 0.41%. CIT(A) failed to obtain mandatory remand report from AO under Rule 46A(3) before restricting the addition. Court held CIT(A) must provide hearing opportunity to AO when additional evidence affects assessment adversely. Matter remitted to AO for fresh assessment considering assessee's explanation and evidence. Appeal allowed for statistical purposes. en-us Tue, 29 Apr 2025 00:00:00 +0530 Sat, 03 May 2025 14:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=769838 ITAT Surat set aside CIT(A)'s order confirming addition of unexplained cash deposits u/s 69A where commission was fixed at 10% versus assessee's declared 0.41%. CIT(A) failed to obtain mandatory remand report from AO under Rule 46A(3) before restricting the addition. Court held CIT(A) must provide hearing opportunity to AO when additional evidence affects assessment adversely. Matter remitted to AO for fresh assessment considering assessee's explanation and evidence. Appeal allowed for statistical purposes. Case-Laws Income Tax Tue, 29 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=769838