2014 (7) TMI 415

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....er G. D. Agrawal, VP : This appeal by the assessee is directed against the order of learned CIT(A)-XI, New Delhi dated 16th July, 2012 for the AY 2007-08. 2. Ground Nos.1 to 4 of the assessee's appeal read as under:- "1. The order of CIT(A) is bad in law and on facts. 2. On the facts and under circumstances of the case, the ld.CIT(A) has erred in sustaining the addition of Rs. 6,60,000....

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....ase for hearing on 20.10.2009. That the creditor viz. Mrs. Manorma had expired by the time assessment proceedings were taken up and therefore, it took time to obtain the confirmation from her legal heir. That the Assessing Officer raised specific query regarding unsecured loan of Rs. 6,60,000/- on 14th December, 2009 and completed the assessment on 24th December, 2009. Thus, no adequate opportunit....

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....er of learned CIT(A) should be sustained. 5. We have carefully considered the submissions of both the sides and perused relevant material placed before us. We find that the Assessing Officer vide enquiry dated 14th December, 2009 asked the assessee to submit the evidence of the unsecured loan of Rs. 6,60,000/- received from Mrs. Manorma. The assessment was completed on 24.12.2009. That was with....