2018 (6) TMI 1741

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.... has been directed against the order of Ld. CIT(A), Meerut dated 27.11.2017 for the A.Y. 2009-10. 2. Briefly the facts of the case are that no PAN and ITR has been filed in this case. The case was selected for scrutiny on the basis of AIR Information regarding cash deposits in S.B. account by assessee without quoting PAN numbers in the A.Y. under appeal. The A.O. issued notice u/s 148 of the In....

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....urce of cash deposits is not explained with reference to any evidence. Therefore, the A.O. made an addition of Rs. 13,15,000/- on account of unexplained cash deposits in the bank account. 3. The assessee challenged the addition before the Ld.CIT(A) and filed submissions and evidences which were remanded to A.O. on the issue of admission of additional evidences. A.O. filed Remand Report on 15.11....

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....dditional evidence under Rule 46A of I.T.Rules. 6. After considering rival submissions, I am of the view that the matter requires reconsideration at the level of Ld.CIT(A). The assessee has filed copy of Remand Report on record. The assessee initially submitted reply before the A.O. explaining the source of bank deposits out of advance received from OBC Green Card, receipt from supply of sugar ....

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....tion for admission of additional evidence may be rejected. These facts makes it very clear that whatever evidences were filed by assessee at the appellate stage are relevant and goes to the root of the matter and may explain the source of cash deposits in the bank account of assessee. The same requires consideration and examination at the level of Ld.CIT(A). Once the additional evidences have been....