2020 (9) TMI 1147

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.... appeals, they are heard together and consolidated order is passed for the sake of convenience. We take up ITA No.748/Bang/2019 for consideration. 2. The assessee has raised the following grounds : 3. The facts of the case are that the assessee filed his Return of Income for A.Y. 2008-09 on 30.09.2008 declaring a total income of Rs. 2,13,550. As per the information received from the DIT (Intelligence and Criminal Investigation) New Delhi, a search action was conducted in the case of Mahasagar Group on 25.11.2009. Out of the persons benefitted, the assessee in whose case information was gathered that an amount of Rs. 6,85,454 chargeable to tax as income from other sources has escaped assessment for Assessment Year 2008-09. A notice under S....

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....pra) for the Assessment Year 2015-16 and held in pars 5 to7 as under : 5. After hearing both the sides and perusing the material on record, I find that similar issue was considered by this Tribunal in the case of Shri. Kirti K.Bhansali v. ITO for assessment year 2008-2009 in ITA No.105/Bang/2019. Vide order dated 24.05.2019, the Tribunal held as under:- "4.3.1 I have considered the rival submissions and first of all, I reproduce Para No.8 of the judgment of Hon'ble Karnataka High Court rendered in the case of M/s. Chandra Devi Kothari (Supra) and this is as under: "8. In the light of the facts and circumstances as adverted to above and as the petitioner has been denied an opportunity of fair hearing by providing copy of the statement ....