2020 (10) TMI 1238

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....rned on undisclosed foreign bank account deposits u/s 69 of The Income Tax Act made by the learned assessing officer as per order u/s 143 (3) of The Income Tax Act dated 31 August 2016 was deleted. Thus the revenue is aggrieved. 2. The revenue has raised the following grounds of appeal:- "1. Whether the ld CIT(A) was right in rendering addition made in the hands of the appellant infructuous on the basis of similar addition in the hands of the appellant for the earlier years at CIT(A) level when the addition has not reached finality and should have been held protectively in the hands of the assessee. 2. That the grounds of appeal are without prejudice to each other." 3. Brief facts of the case shows that assessee is an individual. Duri....

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....th the order of the learned AO preferred an appeal before the learned CIT - A wherein he deleted the addition following his own order for assessment year 2006 - 07 and 2007 - 08. He held that it is a national interest on the amount of alleged offshore bank account with the HSBC bank Geneva. Therefore the learned assessing officer is aggrieved with this order and has preferred this appeal before us. 5. We have carefully heard the rival contentions of the learned departmental representative as well as the learned authorised representative and perused the orders of the lower authorities. The learned authorised representative submitted a photocopy of the appellate order dated 15th of February 2018 passed by the coordinate bench in the case of ....