TaxTMI 
TaxTMI 
2012 (12) TMI 326
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....dicial member The assessee is aggrieved by the impugned order dated 25th January, 2012. 2. On ground no.1, during hearing, the ld. Counsel for the assessee Shri Hitesh Chimnani contended that effective opportunity of being heard was not provided to the assessee despite the fact that there was a change in the management. This assertion of the assessee was strongly opposed by Shri R.A. Ver....
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....und no. 6 is general in nature) pertain to confirmation of additions of Rs.19,87,783/- made u/s 68 of the Act on account of sundry creditors, Rs.1,76,000/- as unsecured loans, Rs.1,91,583/- made u/s 40(a) (ia) of the Act, adhoc addition of Rs.4 lacs out of purchase and salary expenses and Rs.40,405/- out of travelling and telephone expenses for personal use are concerned especially when no defect ....
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....d fact that the assessee could not produce the necessary details before the ld. Assessing Officer inspite of sufficient opportunities, however, the ld. Counsel for the assessee explained that there was change in management, therefore, the necessary details could not be filed and quickly added that the same were filed before the ld. CIT(A). We find that during hearing before the ld. CIT(A), writ....
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....loss to the Revenue, so that due taxes may be collected, therefore, keeping in view the principle of natural justice, we remand ground nos. 2 to 5 to the file of the Assessing Officer with the direction to examine the claim of the assessee afresh after providing due opportunity of being heard with further liberty to furnish evidence, if any, in support of its claim, consequently, these grounds are....