TaxTMI 
TaxTMI 
2014 (3) TMI 852
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....) and 142 (1). On 29 December 2011, the assessment was completed under Section 143 (3) on a total income of Rs.6.25 crores. The Assessing Officer had made an addition aggregating to Rs.3.38 crores in respect of certain purchases allegedly made by the assessee from Mohit Trading Company (amounting to Rs.2.10 crores) and Surana Brothers (amounting to Rs.1.28 crores). In an appeal by the assessee, the CIT (A) passed an order on 28 March 2013. The CIT (A) noted that both during the course of assessment and remand proceedings, the inquiry letters which were issued to the two parties, had been returned unserved and the assessee could not produce the said two entities before the Assessing Officer. Consequently, the CIT (A) issued the following dir....
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....isdiction to exercise the power under Section 251 once the CIT (A) has disposed of the appeal under Section 250. Secondly, in the alternate, even if the Assessing Officer was to give effect to the order of the CIT (A) by passing a fresh order of assessment under Section 143(3), he had to comply with the principles of natural justice. In the present case, the impugned order would indicate that the Assessing Officer had, pursuant to his letter dated 21 February 2014, received a communication from the ITO, Ward-25(2), New Delhi on the basis of which the Assessing Officer passed an order on 24 February 2014 barely within three days without hearing the assessee or disclosing the contents of the communication which he had received from the ITO a....