2017 (1) TMI 516

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....r. Rahul Chaudhary, Sr. Standing Counsel for the revenue ORDER This matter is taken up today, as 12.12.2016, when it was originally listed, was declared a holiday on account of Id-E-Milad. The assessees‟ grievance in these appeals under Section 260A of the Income Tax Act, 1961 is that it was not granted adequate or sufficient opportunity to support its claim that the amount received from ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....eeded further to rely upon letter received on 18.03.2014. It is highlighted that the evidence was ultimately produced before the Commissioner (Appellate) who was duty bound to consider them in the light of Rule 29 of the Income Tax Rules. Not only did he ignore these materials, but the AO‟s order was confirmed. Likewise, the appeal to the ITAT was unsuccessful. It is stated that in these ci....