2020 (12) TMI 593

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....V. Durga Rao, Member (J) 1. This appeal by the assessee is directed against the order of Commissioner of Income Tax (Appeals)-1, Guntur, dated 29/03/2016 for the Assessment Year 2013-14. 2. The assessee has raised the following grounds of appeal: "1. The Ld. Commissioner of Income-tax (Appeals) is not justified in refusing to admitting evidences produced before him though all the ev....

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....the Ld. CIT (Appeals) is not justified in confirming the addition of Rs. 18,49,137/- being trade creditors reflected in the Balance Sheet of the assessee. 5. The Ld. AO is not justified in making an addition and the Ld. CIT (Appeals) is not justified in confirming the addition of Rs. 2,98,114/- being provision made towards various expenses (as per the balance sheet) which also include ope....

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....ome admitting total income of Rs. 3,77,050/-. The case of the assessee was selected for scrutiny under CASS to verify unsecured loans from persons who have not filed return of income. The AO has issued notice as per law and subsequently asked the assessee to produce books of account, bills and other information. The assessee did not respond, therefore, assessment was completed u/sec. 144 of the In....

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....es below may be upheld and dismiss the appeal of the assessee. 8. We have heard both the sides, perused the material available on record and orders of the authorities below. 9. It is a fact that the assessee has not filed the details before the AO, however before the ld. CIT(A) the assessee filed paper book and submitted that additional evidence may be admitted u/sec. 46A of the IT Rules, bu....