2020 (5) TMI 399

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.... The above captioned appeal filed at the instance of Revenue pertaining to Assessment Year 2013-14 is directed against the orders of Ld. Commissioner of Income Tax (Appeals)-1 (in short 'Ld.CIT(A)'], Indore dated 22.02.2018 which is arising out of the order u/s 144 of the Act dated 23.03.2016 framed by DCIT-1(1), Indore. 2. Revenue has raised following grounds of appeal:- 1.On the fa....

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....acts of the case as culled out from the records are that the assessee is an individual engaged in the business of Real Estate & Developers. Return of income for Assessment Year 2013-14 was filed on 30.9.2013 declaring income of Rs. 22,34,540/-. The case was selected for scrutiny and assessment was completed on 23.03.2016 u/s 144 of the I.T. Act assessing total income at Rs. 2,58,23,250/- by making....

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....t shows that the assessee did not appear on any of the date of hearing and no information were provided as asked by the Ld. A.O. During the course of appellate proceedings Ld. CIT(A) failed to called for any remand report. There is no fact on record to show that the bank account held by the assessee in which cash has been deposited is duly accounted for in the books of accounts. Request was made t....

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.... of the assessee in the cases selected for scrutiny, the assessee is duty bound to furnish all the information and details to the satisfaction of the Ld. A.O who is the first authority to examine the details and assess correct income. 9. The assessee has not appeared before Ld. A.O but subsequently he appeared before Ld. CIT(A) who also in the instant case has not given any reference of remand ....