2020 (12) TMI 1028

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....N. Suresh Babu, DR ORDER P. Madhavi Devi, Member (J) 1. This is assessee's appeal for the AY. 2016-17, directed against the order of the Commissioner of Income Tax (Appeals)-6, Hyderabad, dated 29-03-2019. 2. Brief facts of the case are that the assessee-firm filed its return of income for the AY. 2016-17 on 20-09-2016, admitting total income of Rs. 13,04,910/-. During the assessme....

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.... both on facts and in law. 2) The learned Commissioner of Income Tax (Appeals) erred in enhancing. the income by an amount of Rs. 24,26,668/- without providing opportunity to the appellant and without issuing show cause notice. 3) The learned Commissioner of Income tax (Appeals) erred in rejecting the accounts drawn by the appellant. 4) The learned Commissioner of Income....

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....81,36,140/- was duly reconciled by the appellant, by showing that out of the said amount Rs. 52,00,000/- was already assessed to tax for the assessment year 2015-16. 8) The learned Commissioner of Income Tax (Appeals) erred in holding that the difference of Rs. 52,00,000/- is taxable in its entirety and further erred in enhancing the income. 9) The learned Commissioner of Income ....

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.... that the CIT(A) has not given any notice in writing for enhancement of income to the assessee. 6. Ld.DR also confirmed that no written notice was given to the assessee. 7. Taking the same into consideration, we deem it fit and proper to remit the issue to the file of CIT(A) for reconsideration of the issue in accordance with law and if the CIT(A) feels that the assessment has to be enhanced....