2021 (1) TMI 950

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....d both on the facts and in law. 2. That in any view of the matter the Ld. CIT(A) was not justified in deciding the appeal ex parte without providing reasonable opportunity to the assessee and the order is not speaking order and thus there is a violation of principals of natural justice. 3. That in any view of the matter the assessee made necessary compliance on each and every date, books of accounts are maintained which are audited, no reasonable opportunity was provided to the assessee before passing ex parte order, in past no ex parte order was ever made hence in all fairness the matter requires re-adjudication at Assessing Officer stage. 4. That in any view of the matter addition of Rs. 7,51,870.00 on account o....

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....king addition on account of debtors as well as cash in hand when the Assessing Officer rejected the books of accounts u/s. 145(3) and applied net profit rate 8% then it is incorrect to add the separate items of balance sheet and profit and loss account and thus entire action is bad in law. 11. That in any view of the matter interest charged under section 234A, 234B and 234C of the income tax act is highly unjustified. 12. That in any view of the matter the appellant reserves his right to take any fresh grounds of appeal before hearing of the appeal." 2. At the time of hearing, the ld. AR of the assessee has submitted that in the Ground No. 2, the assessee has challenged the ex-parte order passed by the ld. CIT(A) though....