2019 (1) TMI 792

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.... S.K. Bepari ORDER PER SAKTIJIT DEY, J.M. This is an appeal by the assessee against the order dated 08.01.2018 of learned Commissioner of Income Tax (Appeals), Mumbai for the Assessment Year 2011-12. 2. Briefly the facts are, the assessee, a company, is engaged in the business of deputing crew/officers for foreign vessels, recruiting them as per their terms and conditions and challengi....

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....ed in the HDFC bank and the Royal Bank of Scotland amounting to ` 21,15,500 and ` 10,48,000 respectively. As observed by the Assessing Officer, since the assessee failed to furnish any explanation explaining the source of cash deposits made into the bank accounts the assessing officer added the amount of ` 31,63,500 to the income of the assessee. Of course, the Assessing Officer made one more addi....

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....ner (Appeals), issues may be restored to the Commissioner (Appeals) after due opportunity of being heard to the assessee. 4. The learned Departmental Representative, though, justified the action of the learned Commissioner (Appeals) in deciding the appeal ex parte, however, he submitted, one more opportunity can be given to the assessee by restoring the issues to the Commissioner (Appeals). ....

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....ng heard to the assessee. At the same time, we direct the assessee to respond to the notice of hearing to be issued by the learned Commissioner (Appeals) and represent its case properly on the date of hearing to be fixed by learned Commissioner (Appeals). In the event of any further default by the assessee to appear and represent its case properly, learned Commissioner (Appeals) is at liberty to d....